South African Guaranty Agreement
South African Guaranty Agreement
A Guaranty (or Guarantee) Agreement is used during a loan, or sometimes a real estate transaction. The agreement specifies a third party (called a guarantor) who will step in and make necessary payments if the party obtaining the loan or real estate cannot make payments.
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'I always assumed that contracts were really complicated and had to be written by lawyers. The fact that I could make something like a Power of Attorney quickly and easily, in the comfort of my own home, was simply amazing!'
Elliott Bernstein (Norfolk, Virginia)