Account
Get our app
Account Sign up Sign in

Make your Free
Security Agreement

If you're thinking of giving someone a loan, or you're the borrower, a Security Agreement can help guarantee the loan. With a Security Agreement, the borrower offers interest in a piece of personal... Read more

Make document
Sample Security Agreement Template
How It Works About Document Related Documents

How It Works

Create your document

Create your document

Answer a few simple questions to make your document in minutes

Save, print & share

Save, print & share

Save progress and finish on any device; download & print anytime

Sign & make it legal

Sign & make it legal

Securely sign online and invite others to sign

Making a Security Agreement

  • What is a Security Agreement?

    If you're thinking of giving someone a loan, or you're the borrower, a Security Agreement can help guarantee the loan. With a Security Agreement, the borrower offers interest in a piece of personal property that will transfer to the lender if they cannot pay the loan. This can be a great way to entice a lender to make a loan, but the borrower will want to carefully consider the consequences if the loan can't be paid back. A Security Agreement helps you spell out the terms and get started.

  • How do you write a Security Agreement?

    A Security Agreement is easy to create with Rocket Lawyer. To customize your agreement, you'll be asked a series of questions. Think about the following information before starting your document:

    • What is the total principal amount of the debt in the original Agreement?
    • What property is being offered as collateral in this Agreement?
    • Where is the collateral kept?
    • Which state's law will control the Agreement?
  • What is a Vehicle Security Agreement?

    A Vehicle Security Agreement ensures that the seller of an automobile is protected by requiring collateral from the buyer in case the buyer defaults on payments.

  • What is a General Security Agreement?

    A General Security Agreement is used to secure a loan and helps ensure that the loan is repaid. Security is personal property that's put on the line for the loan. If you're the borrower, the lender gets that property if you don't make good on the loan. If you're the lender, you get the reassurance that you'll receive some compensation even if payments can't be made.

  • Does a Security Agreement have to be notarized?

    No, a Security Agreement does not have to be notarized, but it is highly recommended.

Related Documents

Ask a lawyer

Our On Call attorneys are here for you.
Characters remaining: 600
Rocket Lawyer On Call® Attorneys

WHY ROCKET LAWYER?

Easy legal documents at your fingertips

Answer a few simple questions to make your document in minutes

Easily customizable
Make unlimited revisions and copies. Sign digitally. Share and print anytime.
Legal and reliable
Our documents are vetted by lawyers and legal staff, so you can use them with confidence.
Document Defense Shield
Added protection with Document Defense®
If there's a dispute, an On Call attorney can respond on your behalf. Included in your Premium plan.
Try Rocket Lawyer free for 7 days
Make your Premium document today and get back to doing what you love.

Looking for something else?