New & updated Loan Templates
The loan agreements are consistently some of the most popular documents in the corporate portfolio of templates. This month this collection of documents has been updated and added to as follows:
- A new Family Loan Agreement has been created as an alternative to our personal loan agreements.
- The Short Form Loan Agreement has been updated to include an optional prepayments clause and an amendments clause as well as including an electronic signatures clause.
- The Personal Loan Agreement (without interest) has been updated to include an electronic signatures clause.
- The Personal Loan Agreement (with interest) has been updated with revised repayments and interest clauses and a new electronic signatures clause.
These additions and updates keep these popular templates current, modern and in keeping with market practice.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.