Lessons On Loaning Money

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Question or Topic

What should I expect my legal counsel or other professional to furnish me for loaning money to unrelated individuals or companies?

 

The Answer

There must be the following -

  1. Loan agreement - sometimes called a promissory note

  2. Security agreement - stating the parties agree to specified collateral

  3. Uniform Commercial Forms

  4. For anything that has a deed or title, then you should be shown as a lien holder or mortgage holder

  5. If the lender is a corporation - call to meeting, meeting, approval of the transaction and corporate minutes documenting approval of the transaction

 

Solutions are dependent upon facts & circumstances, law and the objectives.  These elements vary from one time to another, from one circumstance to another and from person or entity to another

Here are some SAMPLE forms pertaining to this topic:

  1. UCC1

  2. UCC1 - Georgia

  3. UCC1 - Wisconsin

  4. UCC 1- Texas

  5. UCC-1 ~ UCC-1

  6. UCC1-AD

  7. UCC-1 corrections

  8. UCC-1 subsequent amendment

  9. UCC-11 ~ UCC-11_2

  10. UCC-1 financing statement addendum

  11. UCC-3

  12. UCC-3ad ~ UCC-3ad_2.

  13. UCC-a addendum

  14. UCC 1 instructions Texas

  15. Related topics

    1. PDF/debt_insolvency_assets.pdf

    2. PDF/debt_taxlien_subrogation_3rdparty.pdf

    3. PDF/Debt-AmendLoanDocs.pdf

    4. PDF/Debt-CashCollateralAgreement.pdf

    5. PDF/Debt-DeedInLieuAgreement.pdf

    6. PDF/Debt-GuarrantyAgreement.pdf

    7. PDF/Debt-PlanOfReorganization.pdf

    8. PDF/Debt-PreNegotiation.pdf

    9. PDF/Debt-PropertyTransferEscrowAgreement.pdf

    10. PDF/Debt-PurchaseAndSaleAgreement.pdf

    11. Property Sales - Installment Sales Organizer

    12. Property Sales Organizer

    13. PDF/PublicCorpDisclosures.pdf

    14. Property Sales - Residence Sale Organizer

  16. Loans - SAMPLE Documents

 

 

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