The guarantor assures full payment on default

Form-of-the-Week: Guarantee Agreements – For Promissory Note and For Rental or Lease Agreement – Form 439 and 553-1 Lenders and carryback sellers reduce the risks When a seller carries back a note secured by a first trust deed or an all-inclusive trust deed (AITD) on the property sold, they assume the role of a lender. … Continue reading The guarantor assures full payment on default