This is to confirm that the Tenant, ……………………… CC with registration number …./……/.. has formally been converted into a private company in terms of the Companies Act of the Republic of South Africa with effect from ………………. 20…
The Tenants are now ……………………… (PTY) LTD trading as …………………… with registration number …./……/…
……………………. (PTY) LTD trading as ………………………….. with registration number /…./……/.. hereby takes over all rights and obligations of the Tenant in terms of the lease agreement initially concluded between …………………….. (Pty) Ltd and ……………………….CC in respect of the commercial premises at ………………………………….., commencing on ………………………. 20.. and terminating on …………………………. 20…
The parties also agree that ……………………. shall stand as surety and co-principal debtor for any obligations between the Landlord and the Tenant, the one paying the other to be absolved.
In order to comply with section 6 of the General Law Amendment Act, A……………………………is required to sign the attached suretyship agreement.
SIGNED at on this day of 201..
AS WITNESSES:
is duly authorised
Signed at on this day of 20..
AS WITNESSES:
for the TENANT who warrants he
is duly authorised
SURETYSHIP
I, the undersigned ……………………………………….., hereby bind myself as Surety and Co-Principal Debtor to ………………………………… (Pty) hereinafter referred to as the LANDLORD, for the due and proper fulfilment of all the obligations of ………………….. (PTY) LTD trading as …………………………. with registration number …./……/.. hereinafter referred to as the TENANT, its successors in title, or assigns, arising from or out of or in terms of a lease or any renewal, amendment, breach or cancellation of the lease between the LANDLORD and TENANT as regulated by the Agreement of Lease and General Conditions of Lease, hereinafter referred to as “The Lease”, to which this Suretyship is annexed.
I agree and declare that
Full Names ………………………………………………..
Marital Status Married in / out of Community of Property Unmarried
ID Number ____________________________________________________________
Address* (H)_________________________________________________________
____________________________________________________________
Address (W)_________________________________________________________
____________________________________________________________
SIGNED at on this day of 2013
AS WITNESSES: