A guaranty is only credit support if you can prove it still applies. Upload the guaranties and get the guarantor, the obligations guaranteed, any dollar cap, the burn-off or good guy trigger, and the notice and survival terms pulled into structured fields, each citing the page it came from.
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A guaranty on the rent roll is worth nothing if the term that limits it went unread. The same five provisions decide whether a landlord or lender can actually collect, and each one can quietly convert a guaranty everyone assumed covered the full term into one that already expired. Each row names the term, says what it controls, and states the consequence when it is missed.
| Guaranty term | What it controls | What it costs when it is missed |
|---|---|---|
| Guarantor identity and entity | Whether the guarantor is an individual principal or a parent or affiliate entity, and whether their net worth actually backs the obligation | A guaranty from a shell affiliate with no assets looks like credit support on the roll and collects nothing when the tenant defaults |
| Scope of guaranteed obligations | Whether the guaranty covers only base rent, or also additional rent, CAM, restoration, and holdover, and whether it is a payment guaranty or a full performance guaranty | A guaranty limited to base rent leaves the landlord exposed on the CAM arrears, restoration cost, and holdover damages that often exceed the unpaid rent |
| Dollar cap and limitation | Any ceiling on the guarantor's liability, whether stated as a fixed dollar amount or a number of months of rent | A capped guaranty underwritten as unlimited overstates the recovery. The landlord budgets around a number the document does not promise |
| Burn-off and reduction schedule | Whether and how the guaranty shrinks over time or falls away entirely once conditions are met, such as consecutive on-time payments or a financial milestone | A burn-off guaranty that has already burned off is dead credit support. Nobody tracked the trigger, and the roll still shows a live guaranty |
| Good guy trigger and surrender conditions | On a good guy guaranty, the exact conditions that end the personal exposure for future rent: vacating, surrendering broom-clean, giving notice, and being current through the surrender date | The tenant vacates without meeting the surrender conditions, so the personal exposure never ended, or the landlord assumes it did and stops pursuing the principal |
| Notice, survival, and reinstatement | The notice the landlord must give the guarantor, whether the guaranty survives assignment, amendment, and lease renewal, and any reinstatement on a clawed-back payment | A guaranty that does not survive a renewal lapses when the lease is extended, and the landlord grants the extension believing the credit support carried forward |
Reading a guaranty is not the same as filing it. These are the terms that decide whether the credit support is collectible when it is finally needed.
Who is on the hook: an individual principal or an affiliate entity, and which lease and tenant the guaranty backs, so a guaranty from an empty shell is flagged rather than counted.
Whether the guaranty covers base rent only or also additional rent, CAM, restoration, and holdover, and whether it guarantees payment or full performance of every lease obligation.
Any ceiling on liability, stated as a fixed dollar amount or a number of months of rent, captured as a number so the roll shows what the guaranty actually promises.
Whether the guaranty shrinks or falls away over time, and the exact trigger: consecutive on-time payments, a lease anniversary, or a financial milestone, tracked as a critical date.
On a good guy guaranty, the surrender conditions that end the personal exposure for future rent, so nobody assumes the exposure ended when the conditions were never actually met.
Whether the guaranty survives assignment, amendment, and renewal, the notice the landlord owes the guarantor, and any reinstatement on a clawed-back payment.
From a stack of guaranties to a portfolio view of who backs what, capped at how much, until when.
Include the guaranty itself, the lease it references, and any amendment or renewal that might have changed or extended it. A guaranty read apart from its lease and amendments cannot be checked for survival. Scans are fine.
The model returns the guarantor, the scope of obligations, any dollar cap, the burn-off or good guy trigger, and the notice, survival, and reinstatement language as structured fields, and classifies the guaranty as full, capped, burn-off, or good guy.
Each field links to the page it came from. The output flags the guaranties that have already burned off, the ones that do not survive renewal, the ones capped well below the exposure, and the ones from an entity with no apparent assets.
Push the guaranty data to Excel, CSV, JSON, or the API, so the credit support column on the rent roll reflects what is actually collectible and the burn-off dates land on the calendar.
Last updated July 2026. What lease guaranty abstraction is, the difference between a full and a good guy guaranty, how burn-off works, and why an unread guaranty term is the most common way credit support quietly disappears.
A lease guaranty is a separate promise by a third party, the guarantor, to perform the tenant's obligations under the lease if the tenant does not. It is the credit support behind the lease. The guarantor is usually an individual principal of a closely held tenant or a parent or affiliate entity of a corporate tenant. Because the guaranty is a distinct document with its own terms, its value depends entirely on what those terms say and whether they still apply.
Abstracting a guaranty means pulling out the guarantor, the obligations covered, any cap, any burn-off or good guy trigger, and the survival and notice terms, then reconciling them against the lease and its amendments. A guaranty that reads well but does not survive the renewal the landlord just granted is not credit support. The related personal-liability explainer is the blog on what a personal guaranty is in a commercial lease, and the full field list is on the commercial lease abstract template.
A full or absolute guaranty holds the guarantor liable for the tenant's obligations through the entire lease term, regardless of when or whether the tenant leaves. A good guy guaranty is limited: the individual guarantor is personally liable only until the tenant vacates and surrenders the premises broom-clean with proper notice and is current on rent through that date. Once those conditions are met, the personal exposure for future rent ends, though the corporate tenant stays liable.
The distinction is the entire ballgame for the guarantor and for the landlord counting on the credit support. The details of how the trigger works are in the blog on what a good guy guaranty is.
A burn-off guaranty is one that shrinks or disappears over time once conditions are satisfied, such as a set number of consecutive on-time payments, a lease anniversary, or the tenant hitting a financial milestone. It is common for a guaranty to reduce by a fixed amount each year or to fall away entirely after, say, three years of clean payment history. The risk on the abstract is a guaranty that has already burned off still showing as live credit support because nobody tracked the trigger.
It depends on the scope language. A payment guaranty covers rent, and sometimes only base rent. A performance guaranty covers every obligation in the lease, which can include additional rent, CAM, restoration at surrender, and holdover damages. The scope is the term most often misread, because a guaranty capped at base rent leaves the landlord exposed on the CAM arrears and restoration cost that frequently exceed the unpaid rent itself.
Only if it says so. A well-drafted guaranty expressly survives assignment, amendment, and renewal and waives the guarantor's right to be released by changes to the lease. A guaranty that is silent, or that a court reads as limited to the original term, can lapse the moment the lease is extended or materially amended. This is why the survival language has to be captured and checked against every amendment, not filed once and forgotten.
Because a lender underwriting a property loan is underwriting the income stream, and a guaranty changes the quality of that income. A strong guaranty from a creditworthy party makes a tenant's rent more dependable; a burned-off or capped guaranty makes it less so. Lenders reading the rent roll want the guaranty terms captured accurately, and where a landlord or lender needs to assess the guarantor's financial strength before relying on the promise, that analysis depends on knowing what the guaranty actually covers. The underwriting workflow is on lease abstraction for lenders.
Yes, and the portfolio case is where dead credit support hides. The model reads each guaranty with its lease and amendments, classifies it as full, capped, burn-off, or good guy, returns the guarantor, scope, cap, trigger, and survival terms as structured fields, and flags the guaranties that have already burned off or that do not survive a renewal already granted. Accuracy depends on scan quality, and every published accuracy figure in this category is self-reported, so test on your own worst-scanned guaranty first. For the portfolio workflow, see bulk lease upload and lease abstraction for asset managers, and the general product overview is on lease abstraction software.
Still have questions? Our team is happy to help.
Talk to our teamA separate promise by a third party, the guarantor, to perform the tenant's lease obligations if the tenant does not. It is the credit support behind the lease, usually from an individual principal or a parent entity, and its value depends entirely on its terms.
A full guaranty holds the guarantor liable through the entire lease term. A good guy guaranty ends the individual's personal liability for future rent once the tenant vacates, surrenders broom-clean with notice, and is current through that date, though the corporate tenant stays liable.
A guaranty that shrinks or disappears over time once conditions are met, such as consecutive on-time payments or a lease anniversary. The risk is a guaranty that has already burned off still showing as live credit support because nobody tracked the trigger.
It depends on the scope. A payment guaranty covers rent, sometimes only base rent. A performance guaranty covers every lease obligation, including additional rent, CAM, restoration, and holdover. Scope is the term most often misread, and it decides the true exposure.
Only if it says so. A well-drafted guaranty expressly survives assignment, amendment, and renewal. One that is silent can lapse the moment the lease is extended or materially amended, which is why the survival language must be checked against every amendment.
Because a guaranty changes the quality of the income a property loan is underwritten against. A strong guaranty makes rent more dependable; a burned-off or capped one makes it less so. Lenders want the guaranty terms captured accurately on the rent roll.
Yes. The model reads each guaranty with its lease and amendments, classifies it, returns the guarantor, scope, cap, trigger, and survival terms as structured fields, and flags the ones that have burned off or do not survive a renewal. Test on your worst-scanned guaranty first.
Underwrite the income the guaranty supports.
Learn moreConfirm the guaranty and credit support at closing.
Learn moreThe full field list the guaranty sits inside.
Learn moreAbstract every guaranty in a portfolio at once.
Learn moreCredit support as a portfolio-level metric.
Learn moreThe full overview of our AI lease abstraction tool.
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