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A guarantor is someone who pledges that a loan or other type of debt will be paid. Usually, a guarantor agrees to pay or perform another person's debt or duty should that person fail to do so. The term is most commonly used in reference to financial assistance. However, it is important to note that accountability varies from institution to institution. Often it is possible for a guarantor to opt out of their role as guarantor.
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Does a guarantor have to sign a lease for his responsibility as the guarantor?
Yes
What is the responsibility of a guarantor?
A guarantor is a person that guarantees to take responsibility to pay the debt of someone else. Guarantor acts as a signer of sorts wherein they make a pledge on their own services if the original debtor cannot continue their obligations.
What is grantor?
what is the responsibility of a grantor, putting up security example car if the person that has taken out the loan has not paid the loan off in full what is the responsibility of a guarantor
If person does not show can guarantor be put in jail?
Generally, a guarantor cannot be put in jail solely because the person they guaranteed did not show up. A guarantor is a person who agrees to take responsibility for another person's obligations if they fail to meet them. If the person does not show up, the guarantor may have to fulfill the obligations, but it is unlikely to result in jail time.
Do you have a legal responsibility to help another who is in imminent danger?
No you do not have a legal responsibility to do so.
Can a married man give up his rights to his children?
No. As long as he is married he has a legal responsibility to his wife and children.No. As long as he is married he has a legal responsibility to his wife and children.No. As long as he is married he has a legal responsibility to his wife and children.No. As long as he is married he has a legal responsibility to his wife and children.
What is the spelling of guaranter?
guaranter
As a guarantor of an Assured Shorthold Tenancy do you have the right to start legal action against the landlord for failing to protect a deposit?
Yes you can
What is legal responsibility in business?
Legal responsibility is business ethics. You can research the topic or check with the Small Business Administration.
What is the age of responsibility?
In the UK, the age of criminal responsibility is ten and the age of legal responsibility is eighteen.
What are the four levels of social responsibility in an organization?
1.Economic Responsibility;2. Legal Responsibility;3.Ethical Responsibility; &4.Discretionary Responsibility;
What is a legal responsibility of a citizen?
We don't have your list. Sitting on a jury is the responsibility of the citizens.
