Dec 31,2021 | 3 min read

Rent Assurance Agreement | Download Free Templates

1. What is a Rent Assurance agreement? 

A Rent assurance agreement is a guarantee agreement whereby the investors are assured of the minimum return upon the investment made by them in the business of the other party. This agreement contains clauses as to the amount invested, the return to be paid to the investor, the rights and obligations of the parties involved, under what circumstances the agreement can be terminated, dispute resolution, etc. 

1. Why is it important? 

a. This agreement helps in establishing a contractual relationship between the parties. 

b. This agreement gives assurance to all the parties involved in the agreement. 

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Lawyered Team

Lawyered Team