The guarantee period of mortgage loan refers to the longest period that the guarantor can allow the creditor to claim rights after the expiration of the performance period of the principal debt agreed by the parties to the guarantee contract or presumed by law. The guarantee period is six months from the date when the guarantor and creditor of the general guarantee have not agreed on the guarantee period.

legal ground

Article 692 of the Civil Code of People's Republic of China (PRC)

The guarantee period is the period during which the guarantor undertakes the guarantee responsibility, and there is no suspension, interruption or extension. The creditor and the guarantor may agree on a guarantee period, but if the agreed guarantee period expires before or at the same time as the performance period of the principal debt, it is deemed that there is no agreement; If there is no agreement or the agreement is unclear, the guarantee period shall be six months from the date of expiration of the main debt performance period. Where the creditor and the debtor have not agreed or clearly agreed on the time limit for the performance of the principal debt, the guarantee period shall be counted from the date when the grace period for the creditor to request the debtor to perform the debt expires.