This section is from the book "Real Estate Principles And Practices", by Philip A. Benson, Nelson L. North. Also available from Amazon: Real Estate Principles and Practices.
The landlord may require and the tenant give a guarantee by a third party of the faithful performance of the terms of the lease by the tenant. The agreement of guaranty must be in writing and signed by the guarantor. (Appendix form 70.) It may be a separate instrument but is often endorsed upon the lease. The guaranty may also be in the form of a bond executed by personal sureties or a surety company.
 
Continue to: