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How to add a guarantor to the tenancy agreement

4 December 2021

Sometimes a good candidate applying for a rental property has limited renting experience or does not earn enough to prove they can afford the rent. So, adding a Guarantor to the tenancy agreement becomes very important for landlords. You can now add Guarantor's details to the agreement and ask them to review and e-sign the document as well.

A guarantor is a person nominated by your tenants who agrees to be responsible for any rent, cost of any property damage and other rental responsibilities that tenants can't or won't make.

To add a Guarantor, follow these steps:

Step 1: Go to your chosen tenancy

Step 2: Go to the Tenancy agreements page

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Step 3: To create a tenancy agreement using myRent Tenancy Agreement builder, click on Create a tenancy agreement

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Step 4: Under the Tenant section of the agreement builder, you'll find a section called Guarantors. Click on Add them here.

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Step 5: Enter the tenant's Guarantor's details and click Save

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Once the agreement draft is complete, the Guarantor (together with the tenants) will receive an email notification from myRent to review and e-sign the document. You will receive a message from us once it's done.

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