General Security Agreement
Catalog summary
from
$1,200+ GST
Includes:
- Phone/Video Consultation
- Document (Word/PDF Format)
- Complimentary Amendment
What's it for?
The General Security Agreement is a legal agreement that gives a party a right to hold a security interest over all past and future property of a business or other entity. It is usually signed in connection with a loan agreement - whereby a borrower will give a lender security over the borrower's assets. A GSA allows the lender to register their security interest on the Personal Property Securities Register (PPSR) and maker a claim over the secured property in the event the borrower defaults on the loan.
What's included
We'll draft a General Security Agreement according to the requirements of your business. This package includes:
Drafting a General Security Agreement in accordance with the requirements of your business and explaining the key terms
Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the document
1 round of complimentary amendments to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft