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Unsecured Loan: Trust To An Individual (Existing Loan)
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| Document Type: | Microsoft Word |
| Build Time: | 5 Min |
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LawLive also offers: Other Unsecured Loan Agreements
This Unsecured Loan Agreement Template assumes that a loan has already been made by the Trustee to the Borrower but there is no loan agreement in place to record the terms of the loan. If the loan is to be made simultaneously with the signing of the Loan Agreement then do not use this document, use Unsecured Loan: From a Trust to Individual (new Loan).
Please Note: This Unsecured Loan Agreement Template should only be used if there is a provision in the Trust Deed enabling the Trust to lend money to this person.
This Unsecured Loan Agreement includes the following provisions:
1. Borrower's acknowledgement of the loan
2. Repayment of the loan
3. Early repayment
4. Interest payable
5. Default by Borrower
6. Whole agreement
7. Option to require security in future
8. Guarantee (optional)
