tiktok成人版

Loan Termination Agreement for the United States

Loan Termination Agreement Template for United States

A Loan Termination Agreement is a legal document used in the United States to formally end a loan arrangement between parties. It outlines the terms of termination, confirms final settlement amounts, releases any security interests, and provides mutual releases between the parties. The agreement ensures compliance with federal and state lending laws while providing clear documentation of the loan's conclusion.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Loan Termination Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Loan Termination Agreement?

The Loan Termination Agreement is essential when parties wish to formally conclude a lending arrangement in the United States. This document is used when a loan has been fully repaid, restructured, or settled through alternative means. It provides legal certainty by documenting the termination, releasing security interests, and protecting both parties from future claims. The agreement must comply with federal regulations such as the Truth in Lending Act and state-specific lending laws.

What sections should be included in a Loan Termination Agreement?

1. Parties: Identification of lender and borrower with full legal names and addresses

2. Background: Reference to original loan agreement, date, and reason for termination

3. Definitions: Key terms used throughout the agreement

4. Termination: Clear statement of loan termination and effective date

5. Settlement Terms: Final payment amounts and settlement conditions

6. Mutual Release: Release of claims between parties

7. Governing Law: Applicable jurisdiction and law

What sections are optional to include in a Loan Termination Agreement?

1. Security Interest Release: Section detailing the release of collateral or security interests, required when the original loan was secured

2. Confidentiality: Section covering terms regarding confidential information and its handling, used when sensitive information is involved

3. Tax Provisions: Section addressing tax implications and responsibilities of the termination, included when tax consequences need to be specifically addressed

4. Dispute Resolution: Section detailing arbitration or mediation procedures, included when specific dispute resolution mechanisms are desired

What schedules should be included in a Loan Termination Agreement?

1. Schedule A - Original Loan Agreement: Copy of the original loan agreement being terminated

2. Schedule B - Payment Schedule: Final payment details and timeline if applicable

3. Schedule C - Security Release Documents: Forms and documentation for releasing security interests or liens

4. Schedule D - UCC Termination Statements: Documents evidencing the termination of UCC filings

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Cost

Free to use
Clauses















Industries

Truth in Lending Act (TILA): Federal law that requires lenders to provide standardized disclosures about loan terms and costs, ensuring transparency in lending transactions and terminations

Fair Credit Reporting Act (FCRA): Federal legislation governing the collection, dissemination, and use of consumer credit information, relevant for reporting loan termination status

Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in credit transactions, including loan terminations, based on race, color, religion, national origin, sex, marital status, or age

Fair Debt Collection Practices Act (FDCPA): Federal law regulating debt collection practices, which may be relevant if the loan termination involves outstanding debt collection

Uniform Commercial Code (UCC) Article 9: Governs secured transactions and provides rules for the release of security interests upon loan termination

State Usury Laws: State-specific regulations controlling maximum interest rates and related charges that affect final settlement calculations in loan termination

State Contract Laws: State-specific rules governing contract formation, enforcement, and termination that must be considered in the agreement

State Lending Regulations: State-specific rules governing lending practices, including requirements for loan termination procedures

Dodd-Frank Act: Federal legislation that imposed major changes to financial regulation, affecting how certain loans can be terminated and settled

Bankruptcy Code: Federal laws that may affect loan termination if either party is involved in bankruptcy proceedings

Securities Laws: Federal and state regulations that may apply if the loan involves securities or is part of a larger securities transaction

IRS Regulations: Tax implications and reporting requirements related to loan termination, including potential forgiveness of debt

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Termination Papers

A U.S.-governed legal document that formalizes employment termination, outlining separation terms and ensuring compliance with federal and state employment laws.

find out more

Termination Of Tenancy Letter From Landlord

A legal notice from landlord to tenant ending a rental agreement, compliant with U.S. federal and state housing laws.

find out more

Termination Of Buyer Tenant Representation Agreement

A U.S. legal document that terminates the professional relationship between a real estate agent/broker and their buyer/tenant client.

find out more

Terminate Buyer Broker Agreement

A U.S. legal document that terminates the professional relationship between a property buyer and their real estate broker.

find out more

Fixed Term Lease Termination

A U.S. legal document that formally terminates a fixed-term lease agreement between landlord and tenant, establishing terms for lease conclusion.

find out more

Lease Termination Agreement For Trucking Owner Operator

A U.S. legal document that terminates a lease agreement between a trucking company and an owner-operator, addressing equipment, payments, and liability releases.

find out more

Termination Of Tenancy Agreement By Landlord

A U.S. legal document issued by landlords to formally terminate a tenant's lease agreement in accordance with federal and state housing laws.

find out more

Termination Of Lodger Agreement

A U.S.-compliant legal document that formally terminates a lodger arrangement between a property owner and lodger, specifying the termination terms and conditions.

find out more

Mutual Agreement To Terminate Contract

A U.S. legal document that formally terminates an existing contract by mutual agreement between parties.

find out more

Landlord Terminate Month To Month Lease

A U.S. legal notice from landlord to tenant terminating a month-to-month lease agreement, complying with state-specific notice requirements.

find out more

60 Day Lease Termination Letter To Landlord

A formal U.S. compliant notice from tenant to landlord declaring intention to vacate a rental property with 60 days advance notice.

find out more

30 Day Lease Termination Letter To Landlord

A formal U.S. legal notice from tenant to landlord declaring intention to vacate rental property within 30 days.

find out more

Ending Apartment Lease Letter

A formal notice to end a residential lease agreement, compliant with U.S. state landlord-tenant laws.

find out more

Letter To Cancel A Contract

A formal notice used in the US to terminate an existing contractual agreement, complying with federal and state contract laws.

find out more

Lease Buyout Letter

A formal U.S. document proposing early lease termination through financial settlement.

find out more

Early Termination Of Tenancy Agreement By Landlord

A U.S. legal document allowing landlords to formally end a lease agreement before its scheduled termination date, subject to federal and state housing laws.

find out more

Cancellation Of Property Sale Agreement

A U.S. legal document that terminates an existing property sale agreement and releases all parties from their original contractual obligations.

find out more

Lease Termination Agreement Trucking

A U.S.-compliant legal document that formally terminates a lease agreement for trucking equipment between lessor and lessee.

find out more

Month To Month Lease Termination Letter

A formal notice to end a month-to-month rental agreement in the United States, following state-specific requirements for termination.

find out more

Truck Lease Termination Letter

A formal document used in the U.S. to officially terminate a truck lease agreement, outlining termination terms and conditions.

find out more

Termination Of Tenancy Agreement Letter By Landlord

A formal notice issued by a landlord to end a tenancy agreement under U.S. housing laws.

find out more

Termination Of Sales Representative Agreement

A U.S.-compliant agreement that formally terminates a sales representative relationship, addressing commissions, obligations, and separation terms.

find out more

Termination Of Investment Agreement

A U.S.-governed agreement that formally terminates an existing investment arrangement between parties, subject to federal and state securities laws.

find out more

Termination Of Farm Lease Agreement

A U.S. legal document that formally terminates a lease agreement between a farm property owner and tenant farmer, establishing terms for lease conclusion.

find out more

Landlord Letter To Tenant Breaking Lease

A formal U.S. legal document from landlord to tenant addressing early lease termination, governed by federal and state landlord-tenant laws.

find out more

Mutual Termination Of Construction Contract

A U.S. legal document that mutually terminates a construction contract between parties, addressing final obligations and releases.

find out more

Non Disparagement Agreement After Termination

A U.S.-compliant legal agreement preventing former employees from making negative statements about their previous employer after employment termination.

find out more

Listing Termination Agreement

A U.S. legal document that formally terminates a real estate listing agreement between property owners and real estate agents/brokers.

find out more

House Rent Agreement Cancellation Letter

A formal notice to terminate a residential lease agreement in the United States, from tenant to landlord.

find out more

Termination Of Rental Agreement By Landlord

A U.S. legal document used by landlords to formally terminate a rental agreement, complying with federal and state housing laws.

find out more

Non Commercial License Software

A U.S.-governed agreement defining terms for non-commercial software use, protecting creator rights while enabling academic and research applications.

find out more

NDA For Consultants

A U.S.-governed agreement protecting confidential information shared with consultants during their engagement.

find out more

Cancellation Of Agreement To Sell

A U.S. legal document that formally terminates an existing sales agreement between parties.

find out more

Termination Of Tenancy Agreement By Tenant

A U.S. legal document used by tenants to formally notify landlords of their intention to end a tenancy agreement.

find out more

Termination Of Sale Agreement

A U.S.-compliant legal document that formally terminates an existing sale agreement between parties, outlining settlement terms and mutual releases.

find out more

Termination Of Property Management Agreement

A U.S. legal document that terminates the relationship between a property owner and their property management company, outlining separation terms and responsibilities.

find out more

Termination Of Buyer Agency Agreement Form

A US-compliant legal document that formally ends the professional relationship between a property buyer and their real estate agent/broker, subject to state-specific requirements.

find out more

Non Renewing Lease Letter

A formal notice under U.S. law indicating that a current lease agreement will not be renewed upon expiration.

find out more

Non Compete Agreement After Termination

A U.S. legal agreement restricting former employees from competing with their previous employer, with enforcement varying by state.

find out more

Relinquishment Agreement

A U.S. legal document used to formally surrender rights, claims, or property interests, subject to federal and state laws.

find out more
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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