The Jewelry Loan Agreement is a specialized financial instrument used in the Philippines when a borrower seeks to obtain a loan using jewelry items as collateral. This document is crucial for both financial institutions and borrowers, providing legal protection and clear terms for the transaction. The agreement must comply with Philippine banking regulations, particularly the Pawnshop Regulation Act and BSP guidelines, while addressing specific requirements for jewelry valuation, storage, and handling. It includes detailed descriptions of the collateral, loan terms, interest rates, and redemption procedures, making it essential for pawnshops, banks, and other lending institutions offering jewelry-backed loans. The document becomes particularly relevant in situations where traditional lending options may not be suitable or when borrowers possess valuable jewelry items they wish to use as security.
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: Identification of the Lender and Borrower with complete details including names, addresses, and government ID numbers
2. Background: Brief context explaining the purpose of the loan and the use of jewelry as collateral
3. Definitions: Definitions of key terms used throughout the agreement including 'Jewelry Items', 'Loan Amount', 'Interest Rate', 'Maturity Date'
4. Loan Details: Specific terms including principal amount, interest rate, term of loan, and payment schedule
5. Collateral Description: Detailed description of the jewelry items being used as collateral, including type, weight, quality, and distinguishing marks
6. Valuation: Agreed value of the jewelry items and the basis for valuation
7. Storage and Safekeeping: Terms regarding how the jewelry will be stored and protected while in the lender's possession
8. Rights and Obligations: Detailed responsibilities of both parties during the loan period
9. Default and Remedies: Consequences of default and the lender's rights to sell or dispose of the collateral
10. Return of Collateral: Conditions and process for returning the jewelry upon full loan repayment
11. Governing Law: Specification that the agreement is governed by Philippine law
12. Execution: Signature blocks and notarization requirements
1. Insurance: Requirements for insurance coverage of the jewelry items, if required by the lender
2. Early Repayment: Terms and conditions for early loan repayment, including any applicable penalties or discounts
3. Loan Extension: Provisions for extending the loan term if needed
4. Third-Party Rights: Provisions regarding rights of third parties who may have interest in the jewelry
5. Electronic Payments: Terms for electronic payment methods if offered
6. Anti-Money Laundering Compliance: Additional provisions for high-value jewelry loans requiring AML compliance
1. Schedule A - Jewelry Description: Detailed inventory and description of each jewelry item including photographs, weight, measurements, and distinguishing features
2. Schedule B - Valuation Certificate: Professional appraisal or valuation certificate for the jewelry items
3. Schedule C - Payment Schedule: Detailed breakdown of payment dates, amounts, and allocation between principal and interest
4. Schedule D - Condition Report: Documentation of the condition of jewelry items at the time of pledge
5. Appendix 1 - Handling Procedures: Procedures for handling, storing, and accessing the jewelry during the loan period
6. Appendix 2 - Authentication Certificates: Copies of any authentication or certification documents for the jewelry items
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Banking
Pawnbroking
Jewelry Retail
Precious Metals and Gems
Insurance
Legal Services
Luxury Goods
Relevant Teams
Legal
Compliance
Risk Management
Operations
Finance
Credit Administration
Security
Customer Service
Collections
Documentation
Vault Operations
Relevant Roles
Pawnshop Manager
Loan Officer
Credit Manager
Jewelry Appraiser
Compliance Officer
Legal Counsel
Risk Manager
Branch Manager
Operations Manager
Security Manager
Finance Director
Collections Officer
Customer Service Representative
Vault Custodian
Documentation Specialist
Find the exact document you need
Personal Auto Loan Contract
A Philippine-law governed agreement for vehicle purchase financing, establishing loan terms and security arrangements in compliance with local banking and consumer protection regulations.
find out more
Commercial Loan Contract
A Philippine law-governed agreement establishing terms and conditions for a commercial loan between a financial institution and a business borrower.
find out more
Family Member Loan Agreement
A Philippine law-governed agreement that formalizes loan arrangements between family members, establishing clear terms while maintaining familial relationships.
find out more
Business Investment Loan Agreement
A Philippine law-governed agreement establishing terms for a business investment loan between a financial institution and corporate borrower, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Legal Financial Agreement Between Two Parties
A Philippine law-governed agreement establishing financial obligations between two parties, incorporating local regulatory requirements and transaction frameworks.
find out more
Diy Loan Agreement
A comprehensive loan agreement template for use in the Philippines, ensuring compliance with local lending laws while protecting both lender and borrower interests.
find out more
Employees Loan Agreement
A Philippine law-compliant agreement establishing terms and conditions for an employer-provided loan to an employee, including repayment through salary deductions.
find out more
Model Loan Agreement
Standard loan agreement template compliant with Philippine law and banking regulations, suitable for various lending transactions.
find out more
Master Securities Loan Agreement
A Philippine law-governed framework agreement for securities lending transactions between financial institutions, establishing terms for multiple securities loans.
find out more
Film Equity Investment Agreement
A Philippine-law governed agreement establishing terms for equity investment in a film project, including investment structure, rights, and profit sharing arrangements.
find out more
Interest Loan Agreement
A Philippine law-governed agreement establishing terms for a loan with interest, including principal amount, interest rates, repayment terms, and security arrangements.
find out more
Co Financing Agreement
A legal agreement under Philippine law establishing terms for multiple parties to jointly finance a project, including rights, obligations, and coordination mechanisms between co-financiers.
find out more
Loan And Guarantee Agreement
A Philippine law-governed agreement establishing terms for a loan facility and associated guarantee, combining lending terms with guarantee obligations under Philippine banking regulations.
find out more
Mortgage Loan Assumption Agreement
A Philippine law-governed agreement that enables the transfer of mortgage loan obligations from an original borrower to an assuming party, outlining terms, conditions, and obligations of all parties involved.
find out more
Deed Of Accession Loan Agreement
A Philippine law-governed deed that enables a new party to join and become bound by an existing loan agreement's terms and conditions.
find out more
Co Borrower Loan Agreement
A Philippine law-governed agreement establishing joint liability between multiple borrowers for a loan, detailing terms, obligations, and shared responsibilities.
find out more
Bridge Loan Contract
A Philippine law-governed agreement establishing terms for temporary financing through a bridge loan, ensuring compliance with local banking regulations while securing interim funding needs.
find out more
Undertaking Loan Agreement
A Philippine law-governed loan agreement specifying terms, conditions, and obligations between lender and borrower, compliant with local banking regulations.
find out more
Trade Finance Agreement
A Philippine law-governed agreement establishing trade finance facilities between a bank and borrower, setting out facility terms, security arrangements, and regulatory compliance requirements.
find out more
Separation Financial Agreement
A Philippine law-governed agreement that formalizes the financial arrangements and asset division between separating spouses.
find out more
Project Finance Contract
A Philippine law-governed financing agreement for large-scale infrastructure or development projects, establishing terms for project financing, security arrangements, and implementation requirements.
find out more
Margin Loan Agreement
A Philippine law-governed agreement establishing terms for loans secured by securities as collateral, including margin requirements and enforcement provisions.
find out more
Loan Swap Agreement
A Philippine law-governed agreement enabling the exchange of loan payment obligations between parties, including interest rate and/or currency swaps, with compliance to local banking regulations.
find out more
Loan Borrower Agreement
A Philippine law-governed agreement establishing terms and conditions for a loan between a lender and borrower, ensuring compliance with local banking and financial regulations.
find out more
Friends And Family Loan Agreement
A Philippine law-governed agreement that formalizes and documents loan arrangements between family members or friends, establishing clear terms and protecting both parties' interests.
find out more
Financing Contract Agreement
A Philippine law-governed agreement establishing terms and conditions for a financing arrangement between lender and borrower, including facility details, security, and regulatory compliance requirements.
find out more
Debt Agreement Loans
A Philippine law-governed agreement establishing loan terms between lender and borrower, including amount, interest, repayment schedule, and security arrangements.
find out more
Car Mortgage Agreement
A Philippine law-governed agreement establishing a security interest in a vehicle as collateral for a loan, detailing financing terms and parties' obligations.
find out more
Car Installment Agreement
A Philippine law-governed agreement establishing terms for vehicle purchase through installment payments, including financing terms, ownership rights, and party obligations.
find out more
Business Loan Contract
A Philippine law-governed agreement establishing terms and conditions for a business loan between a financial institution and a business entity.
find out more
Bridge Facility Agreement
A temporary financing arrangement under Philippine law providing interim funding until permanent financing is secured, subject to local banking regulations and BSP requirements.
find out more
Installment Loan Agreement Promissory Note
A Philippine law-governed combined installment loan agreement and promissory note that establishes loan terms, repayment schedules, and security arrangements.
find out more
Commercial Finance Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial financing between a lender and corporate borrower.
find out more
Mortgage Bond Agreement
A Philippine law-governed agreement establishing terms for issuing bonds secured by real estate mortgage, detailing security interests, bond terms, and regulatory compliance requirements.
find out more
Master Asset Finance Agreement
A Philippine law-governed master agreement establishing terms for multiple asset-based financing transactions between financier and borrower.
find out more
Car Loan Security Agreement
A Philippine-law governed security agreement creating a lender's security interest over a financed vehicle, incorporating mandatory consumer protection provisions and disclosure requirements.
find out more
Small Business Loan Agreement
A Philippine-law governed agreement establishing terms and conditions for lending to small businesses, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Recourse Loan Agreement
A Philippine law-governed loan agreement giving the lender rights to pursue the borrower's assets beyond collateral in case of default.
find out more
Loan Agreement Between Lender Borrower And Guarantor
A Philippine law-governed agreement establishing loan terms between lender, borrower, and guarantor, including loan conditions, guarantor obligations, and security provisions.
find out more
Loan Amortization Agreement
A Philippine-compliant agreement detailing loan terms and structured repayment schedules through regular amortization installments.
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)