Suretyship is a serious commitment: the commissioner receives your oath but does not advise you on the scope of your commitment. Read the contract carefully before signing.
In what situations is it requested?
- renting a home for a student or a newcomer;
- a personal or mortgage loan guaranteed by a third party;
- a commercial contract requiring a solvent guarantor;
- a process where a relative answers financially for you.
What should the declaration contain?
- the guarantor's full identity and address;
- identification of the beneficiary of the guarantee and of the debt covered;
- a description of the guarantor's financial situation, if required;
- a statement of truthfulness.
How does this relate to the declaration of financial situation?
Often, yes: the creditor wants to be sure the guarantor can actually bear the debt. The declaration of financial situation can then accompany or complete the surety declaration.
Sworn declaration of financial situation
Can it be sworn online?
Yes, when the document and situation are eligible for remote oath commissioning, by videoconference.
Online oath commissioning in Québec: how does it work?
Assermentation Express
Assermentation Express is not a legal or financial adviser and does not advise you on the consequences of a suretyship. This service is limited to receiving the oath or solemn affirmation on a document already prepared.