16. May 2025
Discover why personal guarantees may not offer the protection you think. Learn the legal pitfalls and how to safeguard your business in NY & NJ.
02. April 2025
A personal guarantee in a commercial lease protects landlords by allowing them to recover unpaid rent from an individual if the tenant defaults. It strengthens litigation claims, avoids complex corporate shield defenses, and increases settlement leverage. To be enforceable, it must be clearly drafted with defined liability terms. Landlords should ensure compliance with legal standards to maximize protection in disputes. Seeking legal counsel can help safeguard their rights.
09. December 2019
Explaining why a personal guarantee needs proof of funds to be worth anything
30. July 2018
How to Avoid A Worthless Personal Guarantee. A quick post about looking closer at who is signing the personal guarantee.