Lawyers for Authorised Guarantee Agreements
Expert Legal Advice for Authorised Guarantee Agreement
AGA Solicitors
Landlords often require third parties to tenancies they are granting (e.g. directors of corporate entities involved, or other business-backers) to provide a guarantee of the tenant’s obligations. This might be a requirement of a commercial lease, e.g. being assigned.
This product is for our drafting to the specification we have been told is agreed, such a guarantee, and seeing to its execution. This product does not include our involvement in the agreement of its terms.
Our product for advising on a Guarantee provided by someone else is Advice certification for Guarantors, Security givers, and occupiers or interested parties
How long will it take?
We don’t generally do anything for new clients until our process of client retention has concluded – this involves agreeing the scope of what we are doing for the price (our terms are below), setting-up our client record (that includes ID checks), and producing the bill (payment in advance is required for all new clients).
After that, the production of the advice and guarantee is a job that we can undertake in a few hours once we can schedule it in our workflow, that can depend on how busy we are at any particular time. We would not usually take-on a job for which we could not engage within about a working week. Often the requirement for this advice is presented to us as being urgent (i.e. because people wait until the undertaking transactional context is almost complete before arranging this advice), so we are used to being asked to “kangaroo” these engagements into a day or two – that we do when we are able.
Money Matters
This service is for taking instructions, then producing/reviewing a suitable form of authorised guarantee agreement, seeing to its execution and completion.
Authorised Guarantee Agreement (£400)
For our authorised guarantee agreement, we charge £400 + VAT = £480.
Your supplier is SRA-regulated Mounteney Solicitors, that charges VAT some customers may be able to reclaim.
There is more info about our fees here
If you have any questions, require any further information, or would like to engage us on the T&Cs linked Our Terms in the footer below, please don’t hesitate to Contact Us.
Contact our Authorised Guarantee Agreement Solicitors
If you are taking on or passing on a commercial lease, you may be asked to enter into an Authorised Guarantee Agreement (AGA). This can have significant legal and financial implications, so it is vital to get expert advice before signing anything. Our Financial Solicitors have the experience to guide you through the process with clear explanations and robust legal support.
As a leading firm of solicitors in Stockport, our knowledgeable team will review the lease terms, explain your obligations under the AGA and help negotiate fair and practical conditions to protect your interests. Whether you are an outgoing tenant, an incoming tenant or a landlord needing advice on enforcement, we ensure that your position is secure and your risks are minimised.
You can reach us easily by phone, submit an enquiry through our website or visit one of our offices in Bramhall, Cheadle, Hazel Grove or Heald Green. We advise commercial tenants and landlords throughout Stockport, Manchester and Cheshire, including Altrincham, Wilmslow, Didsbury and Knutsford, and we are pleased to offer virtual appointments for businesses across England and Wales.
Contact Mounteney Solicitors today to discuss your Authorised Guarantee Agreement and let us help you protect your interests with clear, reliable legal advice.
Other Services
Personal Guarantee
Statutory Declaration
Escrow Service
