Loan Agreements

by Kel Davis

The loan agreements we previously supplied are no longer suitable as the states and countries have changed their legislation.

As a result, loan agreements are now dependent on

1/ which countries are involved
2/ which state you live in, (QLD, NSW, VIC etc)
3/ where the trust & corporate trustee is residing.

This web site link asks the questions and completes the document for you, so it complies with each states laws. (it keeps it simple by a simple Q & A process.) I like this approach and recommend its use.

Remember, as A/ the lender, and B/ the borrower you can alter this agreement later, if required, by a simple letter of adjustment, referring to the original agreement.

Also we use 1 witness for this signing, and not a J.P. (to keep it simple)