Guarantors
A guarantor is a person who takes financial responsibility if a person on a contract fails to meet the terms of that contract.
It is an offence under the Landlord and Tenant (Rental Bonds) Act 1977 for a landlord/agent to ask a tenant to provide a guarantor for a residential tenancy agreement. Even if a tenant gives the name of a guarantor, this cannot be legally enforced.
A guarantor is a person who takes financial responsibility if a person on a contract fails to meet the terms of that contract.
It is an offence under the Landlord and Tenant (Rental Bonds) Act 1977 for a landlord/agent to ask a tenant to provide a guarantor for a residential tenancy agreement. Even if a tenant gives the name of a guarantor, this cannot be legally enforced.