This office lease form is a detailed guaranty where the guarantor absolutely guaranties to the landlord, its successors and assigns, the payment of all fixed rent and additional rent due as well as all listed obligations within this form.
San Diego California Detailed Form of Good Guy Guaranty: A Comprehensive Overview The San Diego California Detailed Form of Good Guy Guaranty is a legal agreement between a commercial tenant, landlord, and a guarantor. This arrangement provides the tenant with a flexible lease termination option, commonly known as the "Good Guy Clause." The purpose of this clause is to protect both parties' interests in case the tenant decides to terminate the lease early. Keywords: San Diego California, Detailed Form, Good Guy Guaranty, commercial tenant, landlord, guarantor, lease termination, Good Guy Clause. The San Diego California Detailed Form of Good Guy Guaranty has different variations tailored to specific leasing scenarios. Let's explore two common types: 1. Standard San Diego California Detailed Form of Good Guy Guaranty: This variant serves as a general template for commercial leases in San Diego, California. It contains detailed provisions defining the rights and responsibilities of the tenant, landlord, and guarantor. It ensures that all parties are aware of the terms and conditions surrounding the Good Guy Guaranty and lease termination options. The standard form typically includes clauses related to rent payment, lease length, security deposit, maintenance, default, and remedies. Keywords: commercial leases, provisions, rights, responsibilities, terms, conditions, rent payment, lease length, security deposit, maintenance, default, remedies. 2. Modified San Diego California Detailed Form of Good Guy Guaranty: Sometimes, parties may want to introduce modifications or additional clauses to address specific concerns or tailor the overall agreement to their needs. The modified form of the Good Guy Guaranty incorporates these changes while still adhering to the overall framework of the San Diego California Detailed Form. Typical modifications can include specific provisions regarding early lease termination conditions, notice periods, or financial penalties for the tenant. Keywords: modifications, additional clauses, specific concerns, tailor, agreement, early lease termination, notice periods, financial penalties. In summary, the San Diego California Detailed Form of Good Guy Guaranty is a legal agreement offering a flexible lease termination option. It enables commercial tenants and landlords to establish clear rights and obligations, ensuring a mutually beneficial relationship. Different types, such as the Standard and Modified forms, exist to accommodate specific leasing requirements.
