The Family Loan Agreement is essential in situations where family members wish to formalize lending arrangements within Indonesia's legal framework. This document is particularly relevant in the Indonesian context, where family-based financial support is common but requires proper documentation for legal certainty. The agreement serves to prevent future disputes by clearly outlining loan terms, repayment schedules, and obligations of all parties involved. It combines elements of standard loan documentation with considerations specific to family relationships, ensuring compliance with Indonesian civil law while maintaining family harmony. The document is designed to protect both lender and borrower, providing a clear framework for the loan while acknowledging the unique dynamics of family financial relationships.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the family members involved as lender and borrower, including their complete legal names, addresses, and relationship
2. Background: Explains the context of the family loan, including the relationship between parties and purpose of the loan
3. Definitions: Defines key terms used throughout the agreement for clarity
4. Loan Amount and Purpose: Specifies the principal amount being lent and its intended use
5. Interest Rate: States whether interest applies and if so, the agreed rate and calculation method
6. Repayment Terms: Details the repayment schedule, including payment amounts, frequency, and duration
7. Method of Payment: Specifies how payments will be made and received
8. Early Repayment: Outlines terms for early loan repayment and any associated conditions
9. Default Provisions: Defines what constitutes default and consequences, while considering the family context
10. Representations and Warranties: Basic statements about the parties' capacity to enter into the agreement
11. Governing Law: Confirms Indonesian law governs the agreement
12. Signatures: Space for parties to execute the agreement with witnesses
1. Security: Include when collateral is being provided to secure the loan
2. Death or Incapacity: Include provisions for what happens if either party dies or becomes incapacitated
3. Dispute Resolution: Include specific family-oriented dispute resolution procedures if desired
4. Co-signer Provisions: Include when another family member is co-signing the loan
5. Modification of Terms: Include if parties want flexibility to modify terms under specific circumstances
6. Financial Hardship Provisions: Include terms for handling temporary inability to pay due to financial difficulties
7. Tax Implications: Include when the loan amount is significant enough to have tax implications
1. Schedule A - Repayment Schedule: Detailed payment schedule showing dates and amounts
2. Schedule B - Loan Disbursement Details: Information about how and when the loan amount will be provided
3. Appendix 1 - Proof of Funds: Documentation showing source of loan funds
4. Appendix 2 - Related Family Documents: Any relevant family documents that establish the relationship between parties
5. Appendix 3 - Security Details: If applicable, details of any security or collateral provided
Authors
Relevant legal definitions
Clauses
Relevant Industries
Personal Banking
Family Business
Private Lending
Real Estate
Small Business
Agriculture
Retail
Professional Services
Education
Relevant Teams
Legal
Compliance
Private Banking
Wealth Management
Risk Management
Family Office
Business Advisory
Document Management
Financial Planning
Client Relations
Relevant Roles
Legal Counsel
Family Business Advisor
Financial Planner
Estate Planning Attorney
Wealth Manager
Family Office Manager
Business Development Manager
Risk Manager
Compliance Officer
Private Banking Relationship Manager
Find the exact document you need
Hire Purchase Agreement For Vehicle
An Indonesian law-governed agreement for vehicle financing through hire purchase arrangement, detailing payment terms, ownership conditions, and parties' obligations.
find out more
Simple Interest Loan Contract
An Indonesian law-governed loan agreement establishing terms for a simple interest loan, compliant with local banking and financial services regulations.
find out more
Agreement Between Financier And Company
An Indonesian law-governed financing agreement between a financier and company, setting out terms for funding, repayment, and security arrangements.
find out more
Legal Financial Agreement Between Two Parties
An Indonesian law-governed agreement establishing financial obligations between two parties, incorporating key regulatory requirements and protective provisions for both parties.
find out more
Employees Loan Agreement
An Indonesian law-governed agreement establishing terms for an employer-provided loan to an employee, including repayment through salary deductions.
find out more
Syndicated Loan Term Sheet
A term sheet outlining key terms and conditions for a syndicated loan facility under Indonesian law and banking regulations.
find out more
Master Securities Loan Agreement
An Indonesian law-governed framework agreement for securities lending transactions between financial institutions, compliant with OJK regulations and capital market laws.
find out more
Intercreditor Deed
An Indonesian law-governed agreement establishing rights, priorities, and relationships between multiple creditors in a financing arrangement.
find out more
Co Financing Agreement
An Indonesian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, detailing participation, security, and regulatory compliance requirements.
find out more
Litigation Funding Agreement
An agreement under Indonesian law governing third-party funding of legal proceedings, detailing funding terms, success fees, and proceed distribution.
find out more
Loan Agreement Between Lender And Borrower
Indonesian law-governed loan agreement establishing terms between lender and borrower, compliant with OJK regulations and Indonesian Civil Code.
find out more
Individual To Individual Loan Agreement
An Indonesian law-governed agreement establishing loan terms between two private individuals, including loan amount, interest, and repayment conditions.
find out more
Loan Participation Agreement
An Indonesian law-governed agreement establishing the terms for a financial institution's participation in a loan, including payment mechanisms and regulatory compliance requirements.
find out more
Loan For Use Agreement
Indonesian law-compliant Loan for Use Agreement template for temporary, gratuitous use of items, structured under KUHPer provisions.
find out more
Loan Agreement Term Sheet
A preliminary agreement under Indonesian law outlining key terms and conditions for a proposed loan facility, serving as the foundation for detailed loan documentation.
find out more
Loan Agreement Deed
An Indonesian law-governed notarial deed establishing the terms and conditions of a loan facility, with enhanced legal enforceability through notarization.
find out more
Lease Hire Agreement
An Indonesian law-governed Lease Hire Agreement establishing terms for asset leasing, compliant with local regulations and OJK requirements.
find out more
Co Borrower Loan Agreement
An Indonesian law-governed agreement establishing terms for multiple borrowers jointly responsible for a loan, compliant with OJK regulations and the Civil Code.
find out more
Bridge Loan Contract
An Indonesian law-governed temporary financing agreement providing interim funding until permanent financing is secured, compliant with local banking and security regulations.
find out more
Trade Finance Agreement
An Indonesian law-governed agreement establishing terms for trade finance facilities between financial institutions and trading companies, incorporating local regulatory requirements and international trade finance practices.
find out more
Short Term Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a short-term loan between lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
find out more
Real Estate Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a property-backed loan, including security arrangements and regulatory compliance requirements.
find out more
Project Finance Contract
Indonesian law-governed project finance agreement structuring funding and security arrangements for large-scale infrastructure and development projects.
find out more
Personal Car Loan Agreement
An Indonesian law-governed agreement for vehicle financing between a financial institution and individual borrower, establishing loan terms and security arrangements.
find out more
Official Loan Agreement
An Indonesian law-governed agreement establishing formal lending terms between a financial institution and borrower, compliant with local banking regulations and OJK requirements.
find out more
Margin Loan Agreement
An Indonesian law-governed agreement establishing terms for margin lending facilities, secured by financial instruments as collateral and regulated by OJK.
find out more
Loan Agreement Between Spouses
An Indonesian law-compliant loan agreement template for married couples, incorporating relevant marriage law and civil code requirements.
find out more
Financing Contract Agreement
An Indonesian law-governed financing agreement establishing terms for credit facilities, including security arrangements and regulatory compliance requirements.
find out more
Financial Support Agreement
An Indonesian law-governed agreement establishing terms for financial support between parties, compliant with OJK regulations and Indonesian financial laws.
find out more
Financial Agreement Between Two Parties
Indonesian law-compliant financial agreement template establishing terms and conditions for financial arrangements between two parties.
find out more
Contract For Car Payments
An Indonesian law-governed agreement establishing terms and conditions for vehicle purchase payments, including financial obligations and ownership terms.
find out more
Car Finance Contract
An Indonesian law-governed agreement establishing terms and conditions for vehicle financing, compliant with OJK regulations and local financial services requirements.
find out more
Business Loan Contract
An Indonesian law-governed agreement establishing terms for business financing between a lender and business borrower, compliant with local banking regulations.
find out more
Bridge Facility Agreement
An Indonesian law-governed temporary financing arrangement providing interim funding pending permanent financing, compliant with Indonesian banking regulations and OJK requirements.
find out more
Bank Guarantee Agreement
An Indonesian law-governed agreement where a bank guarantees payment to a beneficiary upon the principal's default, subject to Indonesian banking regulations and OJK requirements.
find out more
Auto Finance Contract
An Indonesian law-governed vehicle financing agreement establishing terms and conditions for auto loans, compliant with OJK regulations.
find out more
Owner Financing Contract For Deed
An Indonesian law-governed agreement where the property seller finances the buyer's purchase, detailing payment terms and gradual ownership transfer conditions.
find out more
Inventory Loan Agreement
An Indonesian law-governed agreement establishing terms for temporary loan of inventory items between parties, including usage conditions and return provisions.
find out more
Commercial Finance Agreement
An Indonesian law-governed agreement establishing terms for commercial lending between financial institutions and corporate borrowers, compliant with OJK and Bank Indonesia regulations.
find out more
Medical Equipment Loan Agreement
An Indonesian law-governed agreement for the temporary loan of medical equipment, incorporating local healthcare regulations and safety standards.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)