Personal Guarantee (PG) negotiations

[John Corey]

I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.

Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or acceptable vs more unique negotiations.

A PGs limited to a specific period of time (less than the life of the loan)?

Can a PG be for a limited amount (X% of the principal loan amount or for Y payments)?

What is expected by lenders in terms of monitoring existing or future PGs which would have a claim on the same (personal) assets?

Thanks in advance. Let's clarify the topic of PGs so I can send people to the thread when they need to know.