Taking a Guarantor

Tenants can default in the payment of rent and landlords may protect themselves by taking a guarantor Why have a guarantee? If the tenant defaults in paying the rent or breaches some other obligation of the tenancy, the guarantor can be required to pay. This gives the...

Deed in writing and witnessed?

In order to have a valid contract, there must be offer, acceptance and consideration. Consideration is something of economic value which is why often you see companies being purchased for £1.00. If no money was paid, it could be argued there was no contract which is...