Loan Agreement

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What is a Loan Agreement​?

A loan agreement is a contract between a borrower and a lender that specifies the terms of a loan. It includes details such as the loan amount, interest rate, repayment schedule, and penalties for default. This document is commonly used for personal, business, or mortgage loans.

Why use a notary?​

Notarizing a loan agreement is crucial to confirm that both parties are fully aware of and agree to the terms. It ensures the authenticity of the document and reduces the risk of disputes over the loan terms. Notarization provides legal backing to the agreement, making it easier to enforce in court if necessary. It also prevents fraud by verifying the identities of the involved parties.

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