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Personal Guarantees Provided in Commercial Leases

May 4, 2022by knob210

In taking on a commercial lease for business premises, there are many things for a business owner to consider. One of these could be a request from a landlord for a personal guarantee. Generally, a landlord will require a combination of a security deposit/bond or bank guarantee as well as a personal guarantee, as security....

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" subheadline="<span class="btArticleDate">May 3, 2022</span><span class="btArticleAuthor"><a href="https://www.knobloch.co.nz/author/knob21/" class="btArticleAuthorURL">by knob21</a></span><a href="https://www.knobloch.co.nz/client-newsletter-october-november-2011/#comments" class="btArticleComments">0</a>" font="" font_weight="" font_size="" color_scheme="" color="" align="" url="https://www.knobloch.co.nz/client-newsletter-october-november-2011/" target="_self" html_tag="h2" size="normal" dash="top" el_id="" el_class="" el_style="" supertitle_position="outside" ignore_fe_editor="true"]

IRD Compliance Focus Report for 2011-2012 Although most individuals and businesses voluntarily comply with their tax obligations, there are those who don’t comply. One of the objectives of the compliance focus is to ensure that people pay and receive the right amount of tax and the IRD has shifted its compliance strategy plans to address...

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Personal Guarantees Provided in Commercial Leases

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