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The South African industrial property, retail and commercial property reference.
The definitive reference for the commercial and industrial property 
manager, owner and tenant 

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Surety

 

DEED OF SURETYSHIP

1. I/We,.......................................................................................................................................................................................

of (address)............................................................................................................................................................................

and.........................................................................................................................................................................................

of (address)............................................................................................................................................................................

and.........................................................................................................................................................................................

of (address)............................................................................................................................................................................

hereby bind myself/ourselves jointly and severally to..............................................................................................................

.............................................................................................................................................(hereinafter called the Landlord)

of (address)............................................................................................................................................................................
its successors in title or its assignees, as surety/sureties in solidum, and co-principal debtors for the due performance

by............................................................................................................................................(hereinafter called the Tenant)

of (address)............................................................................................................................................................................
of all his/hers/its obligations to the Landlord which arise from
(a) the Agreement of Lease which was signed by the Tenant at..........................................................on the.............

day of.............................................................., or which will in due course be signed by him/her/it, regarding the

premises in the building situated, or being or to be erected at...............................................................................
and from
(b) any amendment, continuation, extension or renewal of the Agreement of Lease, whether with or without the
addition of additional premises and/or the exclusion of premises leased in accordance with the Agreement
of Lease at the time of such amendment, continuation, extension or renewal.

2. Without any prejudice to my/our obligations as set out in general in 1 above, I/we am/are committed to pay to the Landlord
(a) all alteration and repair cost, as well as other costs for which the tenant is liable; and
(b) all costs incurred or paid by the Landlord with regard to tracing the tenant or myself/ourselves as well as all
commission and costs and fees with regard to the collection of any amount owing by the tenant or by me/us,
including legal expenses on attorney-and-own-client scale.

3. I/We hereby acknowledge that I/we am/ are acquainted with the terms and conditions of the said lease.

4. I/We agree that the amount of my/our indebtedness to the Landlord(including interest, costs and the rate of interest) at
any time shall be proved by a certificate purported to be signed by any manager of the Landlord. It shall not be necessary
to prove the appointment of the person signing such certificate and such certificate shall be prima facie proof of the
amount of my/our indebtedness to the Landlord and shall be valid as a liquid document against me/us in any competent
court for the purpose of obtaining any judgement against me/us.

5. I/We consent to the jurisdiction of the magistrate's court notwithstanding that the amount in dispute may exceed the
jurisdiction of such court.

6. I hereby renounce all benefits arising from the legal exceptions non numeratae pecuniae, non causa debiti.errore calculi
and beneficia excussionis et devisionis with the force and effects of which I/we hereby declare myself/ourselves fully
acquainted.

7. I/We hereby choose as domicilium citandi et executandi for all purposes of this Deed of Suretyship my/our address/-es in
1 above and any notice required to be given to me/us may be addressed to me/us at the said address/-es and shall be
deemed to have been given on the date on which it is posted to, or delivered by hand at the said address/-es - as the case
may be.

Signed a ............................................. on........................................................... 1.........................................................................

Signed at ............................................ on........................................................... 2.........................................................................

Signed at ............................................ on........................................................... 3.........................................................................

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