Real Estate Practice Test
Open main menu
Home
Private Tutoring
About Us
Practice Tests
Contact Us
Glossary
FAQ
Guaranty
Agreement to pay the debt or perform the obligation of another in the event the debt is not paid or obligation not performed. Differs from a surety agreement in that there must be a failure to pay or perform before the guaranty can be in effect.
Previous
Next
More Real Estate Definitons
Back To Glossary