How do I add a guarantor on a lease agreement?

Understand the Role of a Guarantor

A guarantor agrees to be financially responsible for the rent or any damages if the tenant fails to meet their obligations under the lease.

Add a Guarantor Clause to the Lease Agreement

You could either include this in the original lease or add it later as an amendment. 

Have the Guarantor Sign the Lease or a Separate Guarantee Form

You could:

• Include a signature line on the lease labeled “Guarantor” with their printed name and date, or

• Attach a separate Guarantor Agreement, especially if you’re using a standard lease like the Ontario Standard Lease (which doesn’t have a built-in guarantor section).

Verify the Guarantor’s Information

It’s a good idea to run a credit check or ask for proof of income/employment to ensure they can actually meet the financial obligations if needed.

Provide Copies

Make sure all parties (tenant, landlord, and guarantor) receive a copy of the signed lease and guarantee.