Using an Unconditional
Guarantee / Guarantor Contract
Please refer to these guidelines when submitting an Unconditional
Guarantee / Guarantor Contract.
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Unconditional
Guarantee / Guarantor Guidelines |
1 |
The contract is not acceptable
if it includes any alterations (i.e., information changed
by means of whiteout, erasures, etc.). |
2 |
The Guarantor must sign his or
her name exactly as it appears on the contract. |
3 |
If the Guarantee or Guarantor
has a legal name change, legal documentation is required.
However, a new contract is not required. |
4 |
If the Guarantor moves within
our service territory, a new contract is not required. |
5 |
If the Guarantee moves within
our service territory, a new contract is required. The Unconditional
Guarantee contract cannot be transferred. |
6 |
The contract cannot be faxed;
it must be an original document with original signatures.
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7 |
A Guarantee or Guarantor may cancel
a contract at any time with thirty days written notice to
FPL. The Guarantee is billed a cash deposit due within 30
days; and the Guarantor is only responsible for charges incurred
up to the terminated date of the contract. |
8 |
FPL may terminate the contract
at any time if the Guarantor no longer qualifies with a 30
days written notice. |
9 |
After 23 months of continuous
service, Guarantees meeting the prompt pay criteria are automatically
removed from the GG program and will have their deposit waived
because of prompt payment. |
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