(2) Refusing to perform the effective legal documents will be auctioned by judicial custody, and the property will be forced to auction.

The conditions of the three-family joint guarantee loan are as follows

1 The lender must be the head of the household.

The amount of the three loans must be the same.

Either party has the responsibility and obligation to repay the other two loans.

Four households must be in the same city.

Guarantor refers to:

(1) According to the Guarantee Law, the third party and the creditor agree that when the debtor fails to perform the debt, the guarantor will perform the debt or assume the responsibility as agreed.

(2) The third party here is the guarantor, including legal persons, other organizations or citizens who have the ability to pay off debts on their behalf, and the creditors here are all creditors of the principal debts. Here-performing the debt or taking responsibility according to the agreement-is called guarantee debt, and some people call it guarantee responsibility.