Alberta lenders, use this template form to obtain a Guarantee of Mortgage
from a corporation which has a financial interest in the borrower.
- The guarantee is an unconditional guarantee of repayment of the principal, interest and all other sums owing to the lender by the borrower.
- The guarantor's liability will be for all purposes as if the guarantor was primarily liable under the mortgage security, and not just as a surety.
- The file also includes corporate resolutions to be passed by the shareholders and directors of the corporation, authorizing the corporation to grant the guarantee.
This Alberta Guarantee of Mortgage by Corporate Guarantor
form is provided in MS Word format and is fully editable.