The Co-Signer Agreement Template – Canada is offered in multiple formats including PDF, Word, and Google Docs. These formats are both customizable and easy to print, ensuring they suit your requirements effortlessly.
Co-Signer Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Loan Details 4. Responsibilities of the Co-Signer 5. Responsibilities of the Borrower 6. Duration of Agreement 7. Default Conditions 8. Dispute Resolution 9. Governing Law 10. Signatures and Acceptance
PDF
WORD
Examples
[Co-Signer’s Name]
[Co-Signer’s ID]
[Co-Signer’s Address]
[Co-Signer’s Phone]
[Co-Signer’s Email]
[Borrower’s Name]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Co-Signer Agreement (“Agreement”) establishes the terms under which [Co-Signer’s Name] agrees to co-sign for [Borrower’s Name] in relation to the loan application for [Loan Amount] from [Lender’s Name], commencing on [Effective Date].
The Co-Signer agrees to assume joint responsibility for the repayment of the loan amount along with the Borrower. The Co-Signer acknowledges understanding of both the financial and legal obligations involved in this agreement.
The loan amount is [Loan Amount] with an interest rate of [Interest Rate]% and a repayment term of [Repayment Term]. Payments will be due on [Payment Due Dates].
In the event of a missed payment or default by the Borrower, the Co-Signer agrees to be contacted first for repayment. Should collection actions arise, the Co-Signer will be fully liable for the arrears.
The Co-Signer may request a release from this Agreement upon the Borrower demonstrating a consistent record of timely payments over [Number of Months] months, subject to the lender’s approval.
This Agreement shall be governed by the laws of Canada.
[Co-Signer’s Signature]
[Co-Signer’s Name]
[Borrower’s Signature]
[Borrower’s Name]
[Co-Signer’s Name]
[Co-Signer’s ID]
[Co-Signer’s Address]
[Co-Signer’s Phone]
[Co-Signer’s Email]
[Borrower’s Name]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Agreement outlines the responsibilities of [Co-Signer’s Name] as a co-signer for the loan being borrowed by [Borrower’s Name], effective from [Effective Date].
The Co-Signer agrees to provide their financial backing for the Borrower’s loan application for [Loan Amount], and promises to pay any outstanding amounts should the Borrower default.
The loan terms include a principal amount of [Loan Amount] with a monthly interest of [Interest Rate]%, necessitating payments to be made every [Payment Interval].
The Co-Signer has the right to receive notifications of any default in payments and will be informed of any changes in the loan agreement.
The Co-Signer understands that they are jointly liable for the repayment of the loan and all related fees in the case of the Borrower’s default.
This Agreement shall be construed under the laws of Canada.
[Co-Signer’s Signature]
[Co-Signer’s Name]
[Borrower’s Signature]
[Borrower’s Name]
Printable
