Get to know myRent with a quick overview video:

How to add a guarantor to the tenancy agreement

4 December 2021

Sometimes a good candidate applying for a rental property has limited renting experience or does not earn enough to prove they can afford the rent. So, adding a Guarantor to the tenancy agreement becomes very important for landlords. You can now add Guarantor's details to the agreement and ask them to review and e-sign the document as well.

A guarantor is a person nominated by your tenants who agrees to be responsible for any rent, cost of any property damage and other rental responsibilities that tenants can't or won't make.

To add a Guarantor, follow these steps:

Step 1: Go to create a tenancy agreement using myRent Tenancy Agreement builder.

Image Description

Step 2: Under the "Tenants" section of the agreement builder, you'll find a section called "Guarantors". Click on "add them here."

Image Description

Step 3: Enter a tenant's Guarantor's details and press "Save"

Image Description

Once the agreement draft is complete, the Guarantor (together with the tenants) will receive an email notification from myRent to review and e-sign the document. You will receive a message from us once it's done.

Back to resources

Our services

shop-sign

Advertise your rental
from $55

Includes a listing on Trade Me, realestate.co.nz, OneRoof, trovit.co.nz, and Homes.co.nz.

Learn more

Tenant checks
for $35

Rent with confidence and make informed decisions with comprehensive tenant checks.

Learn more

Self-management platform from $17/month

Save time and money. Rest easy with our self-management platform. Start with a free trial.

Learn more
video-player-movie

Get to know how myRent works

Not quite ready to sign up?

Subscribe to our weekly newsletter read by 30,000+ landlords. Get updates on important tenancy law changes, tips on maximising rental returns, and more great resources.