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1. The cost of the guarantee is usually inflated into the purchase price, so you are simply getting your own money back. 2. The guarantee is usually from a $2 shelf company, and liable to go bankrupt at any time. The question to ask yourself is: Would I buy this property at that price...

As said, read the contract. I would expect a rental guarantee to cover the rent for 52 weeks, so I would not expect a fee for re-renting. Cleaning is a different matter, and probably isn't covered. But it should all be set out in the contract. Marg