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How to write the guarantor of folk IOUs?
Legal analysis: It is a common way to set up debt guarantee in private lending to write guarantee clauses on IOUs. Both parties need to write the following information on the IOU:

1, the identity information of the guarantor, and it is best to leave the ID number and personally sign and seal it;

2. Guarantee method: you can choose mortgage, pledge or guarantee. Where real estate is mortgaged, the mortgage is established at the time of registration;

3, clear the way to assume the guarantee responsibility. Divided into general guarantee or joint guarantee, if there is no explicit agreement, it is a general guarantee;

4. The scope of protection can be agreed by itself. If there is no agreement, the scope of guarantee shall be deemed to include: the principal creditor's right and its interest, liquidated damages, damages, expenses for keeping the secured property and realizing the security interests.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 388 To establish a security interest, a security contract shall be concluded in accordance with the provisions of this Law and other laws. Guarantee contracts include mortgage contracts, pledge contracts and other contracts with guarantee functions. The guarantee contract is a subsidiary contract of the main creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law. If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.

Article 389 The scope of guarantee of a security interest includes the principal creditor's right and its interest, liquidated damages, damages, expenses for keeping the secured property and realizing the security interest. Unless otherwise agreed by the parties, such agreement shall prevail.

The forms of suretyship include general suretyship and joint liability suretyship. If the parties have not agreed on the way of guarantee or the agreement is unclear in the guarantee contract, they shall bear the guarantee liability according to the general guarantee.