Authorised Guarantee Agreement
Our Authorised Guarantee Agreement template:
- easy to use and reliable
- drafted by an expert UK lawyer
- guidance notes in plain English
- cost-effective peace of mind
How Does It Work?
This is our Authorised Guarantee Agreement template (or AGA). It should be used when you want to transfer an existing commercial lease.
An Authorised Guarantee Agreement is needed for the assignment of the remainder of the term of a lease of business premises to a new tenant – “the assignee” if the lease is classed as a new lease under the Landlord and Tenant (Covenants) Act 1995 This is normally any lease granted on or after 1 January 1996.
This Authorised Guarantee Agreement template will ensure you can put in place a robust and detailed agreement. It is suitable where you either do not have an agreed form AGA from the lease, or do not want to use that one. It can be customised to suit your individual requirements.
The template has been drafted by David, our co-founder and solicitor of more than twenty years. This ensures that you can rely on the document being up-to-date and legally comprehensive.
Our detailed guidance notes (free with the Authorised Guarantee Agreement template) make adapting the Authorised Guarantee Agreement easy and quick. A summary of the guidance notes are available here: guide to this Authorised Guarantee Agreement template.
Using our Authorised Guarantee Agreement template
This Authorised Guarantee Agreement template can be downloaded in Word format once purchased. Following our free guide, you can then edit it to suit your own needs.
To ensure customer satisfaction, if you are not happy with your purchased template for any reason, we provide a full money-back guarantee.
Once purchased, the template can be reused as many times as you want for creating Authorised Guarantee Agreements at no further cost.
We regularly review our templates to keep them up-to-date. When a template you have bought is updated, we will notify you by email and you will get a free updated template.
If you need the full batch of documents for the assignment of a lease, we offer 20% off when you buy them all at the same time using our discount package – click here for more details.
Click the link to see the full range of commercial property documents we offer.