What if the borrower is in a failing relationship? Could the dreaded sister in law actually get half the money and not have to pay it back?
Whatever the circumstances there are few things more distressing than having a valued friendship go sour or a rift open up with family over money.
Documenting the loan agreement will help you avoid misunderstandings, eliminate doubt and provide a backup plan should things go awry.
This agreement is an unsecured loan agreement which means you don’t actually hold security over any goods or property (real estate). However the agreement gives the lender permission to lodge a caveat over the borrower’s real estate interest or interests.
Our secured loan agreement clearly sets out all the provisions you would want in such a document such as:
This Loan Agreement has been professionally drafted and formatted for your convenience using Microsoft Word, it can be downloaded immediately and can be used time after time.
Simply insert the correct information in the appropriate fields and go to print.
Our fully secured ecommerce system allows you to purchase and download your Secured Loan Agreement safely.Buy Unsecured Loan with Guarantee and Caveat Template