Indicates if an external party has guaranteed the lease obligations.
By Angel Campa, Founder · Updated March 2026
A guaranty provides the landlord with a secondary source of recovery beyond the tenant entity. For the guarantor, it represents potentially unlimited personal financial exposure. Missing this field during abstraction means the guarantor may not be aware of their ongoing liability, and the landlord may not properly track the guarantor for collection purposes. Guaranty provisions often survive lease assignments, creating long-tail liability.
The lease typically references the guaranty in the preamble or definitions section. The actual guaranty agreement is usually a separate exhibit or addendum attached to the lease. Look for "Guaranty of Lease" or "Personal Guaranty" exhibits.
Lextract uses a combination of AWS Textract OCR and Claude AI to identify and extract the has guaranty from your lease PDF. The AI searches for all pages of the document, then assigns a confidence score based on OCR quality and extraction certainty. Fields with lower confidence are flagged for human review.
Security Deposit
The total collateral held by the landlord to ensure lease performance.
Deposit Type
The form of the collateral provided.
Governing Law
The legal jurisdiction whose laws dictate the interpretation of the contract.
SNDA Requirement
Duty to sign a Subordination, Non-Disturbance, and Attornment agreement.
Estoppel Turnaround
The number of days the tenant has to return a signed estoppel certificate.
Landlords require guaranties when the tenant entity lacks sufficient credit history, net worth, or operating track record. Common scenarios include: new LLCs formed for the lease, startup businesses, franchisees, and tenants with limited financial statements. Established companies with strong balance sheets can often avoid personal guaranties.
A good guy guaranty limits the guarantor's personal liability to rent owed through the date the tenant vacates and surrenders the premises in good condition. It incentivizes the tenant to leave cleanly rather than abandon the space. Common in New York and gaining popularity in other markets.
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