Secured Loan Agreements
When to Use this Agreement
People lend and borrow money for all sorts of reasons, whether it’s a friend helping a friend in need or a family member borrowing to buy a car. There are few things more distressing than having a valued friendship break down over money. By putting your loan agreement in writing the parties eliminate doubt and reduce the possibility of a misunderstanding occurring.
This loan agreement sets out the terms and conditions under which "the lender" advances funds to “the borrower” and can easily be modified to suit your needs. The document includes provisions for the Lender to hold a security charge over property or other assets owned by the borrower, to protect the Lender's interests should the borrower default.
This document also includes a Simple Loan Agreement that may be preferred in some circumstances.
Important Note: this agreement is not suitable for consumer credit transactions or where the security is land or buildings.
Single Document is available now |
AU $57 |  |
|---|
The Contract includes the following provisions -
- Payments.
- Interest.
- Type And Place Of Payments.
- Prepayment.
- Default.
- Enforcement.
- Governing Law.
- Recourse.
- Security Interest.
- Covenants.
- Lender's Rights And Remedies.
- Benefit Of Agreement.
- Severance.
- Execution In Counterparts.
- Entire Agreement.
View Sample Document
"The Agreement was exactly what I was looking for - simple and concise"
Single Document is available now |
AU $57 | |
|---|
