{"product_id":"unlimited-suretyship","title":"Unlimited Suretyship Template - South Africa","description":"\u003ch2 style=\"text-align: center;\"\u003e\u003cstrong\u003eUnlimited Suretyship Template - South Africa\u003c\/strong\u003e\u003c\/h2\u003e\n\n\u003cstrong\u003eSummary \u003c\/strong\u003eAn Unlimited Suretyship may be used where a debt is owed or may in the future be owed by someone, and additional security is required in the form of another person accepting personal liability for the debt.\n\n\u003cstrong\u003eWhy do I need a Suretyship? \u003c\/strong\u003eAn Unlimited Suretyship provides a supplier or creditor with additional security. If  the customer or debtor defaults, the creditor may use the suretyship to demand payment from the surety. If your business has customers or debtors that are likely to owe money, for example the provision of goods and services on credit, then an Unlimited Guarantee can be used to reduce the risk of non-payment. Particularly if your customers or debtors are legal entities such as companies or trusts, where the directors, shareholders or trustees can be requested to personally guarantee the entity's debt. But it can also be used by someone standing surety for their spouse, parent, child, friend or partner.\n\n\u003cstrong\u003eWhat does the Suretyship look like? \u003c\/strong\u003eThis template suretyship can be printed onto two pages.\n\n\u003cstrong\u003eWhat do you need to do to use a Suretyship? \u003c\/strong\u003e\n\n\u003cul\u003e\n\n \t\u003cli\u003eRead the sample suretyship document to ensure that it suits your requirements. Make changes as required.\u003c\/li\u003e\n\n \t\u003cli\u003eComplete the relevant details and get the surety or sureties to sign.\u003c\/li\u003e\n\n\u003c\/ul\u003e\n\nThis is an unlimited payment guarantee. We also have Limited Suretyships if you need the guarantors to sign a payment undertaking that is limited to a maximum amount or duration of time. Our Limited Guarantees are limited as to: \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/limited-suretyship-amount-cause-debt\/\"\u003eamount \u0026amp; cause of debt\u003c\/a\u003e; \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/limited-suretyship-time\/\"\u003etime (expiry date)\u003c\/a\u003e; \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/limited-suretyship-amount\/\"\u003eamount\u003c\/a\u003e; \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/limited-suretyship-time-amount\/\"\u003etime \u0026amp; amount\u003c\/a\u003e; and \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/limited-suretyship-cause-debt\/\"\u003ecause of debt\u003c\/a\u003e.\n\nA specialist’s advice should be sought, specifically if the underlying debt is subject to the National Credit Act 34 of 2005.\n\nAlso viewed: \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/acknowledgement-debt-1-debtor-payment-instalments\/\"\u003eAcknowledgement of Debt\u003c\/a\u003e\n\n\u003cstrong\u003eThe Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.\u003c\/strong\u003e","brand":"Agreements Online","offers":[{"title":"Default Title","offer_id":59164057043084,"sku":"AO-4642","price":360.85,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/0750\/5804\/files\/Unlimited-Suretyship-1.jpg?v=1789524903","url":"https:\/\/agreementsonline.co.za\/products\/unlimited-suretyship","provider":"Agreements Online","version":"1.0","type":"link"}