Certificate of Independent Legal Advice - Financial

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This Independent Financial Advice Declaration states that an individual has received legal advice regarding a financial document independently from the other party. A written declaration will prove valuable in the event of disagreements, misunderstandings or litigation arising from the transaction.


Protect Yourself and your Rights by using our professionally prepared up-to-date forms.

This attorney-prepared packet contains:
  1. General Instructions
  2. Certificate of Independent Legal Advice – Financial
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Certificate of Independent Legal Advice

 

 

TO:   [Name of Financial Institution]
I HEREBY CERTIFY THAT:
1.   I have been consulted by [Name of Applicant] (the "Applicant"), [Relationship of Applicant to Borrower (ie. Father mother, children etc.]] of the Applicant, as to the liability the Applicant would incur by executing the [Briefly Describe Document which Applicant is being required to sign (ie. Guarantee of the debts and obligations of the Applicant dated May 1, 2002)] (the "Document") in favour of [Name of Lender] (the "Lender").
2.   The Applicant consulted me alone and not in the presence of [Name of Borrower] (the "Borrower") or any of the officers, employees, servants or agents of the Lender or the Borrower.
3.   The Applicant advised me that no compulsion or threat was used nor any undue influence exercised by any of the above parties to induce the Applicant to execute the Document.
4.   I have fully advised the Applicant as to the effect of the Document and liabilities which might be incurred thereunder and the manner in which such liabilities could be enforced if the Document was executed by the Applicant.
5.   The Applicant appeared to understand the nature and effect of the Document and the liabilities which could arise thereunder.
6.   The Applicant consulted me and I gave the above advice prior to execution of the Document.
AND I FURTHER CERTIFY that I have given this advice to the Applicant as attorney for  and without regard to or consideration for the interest of the Borrower or the Lender.
Dated this _____ day of ____________________, 20_____.
 
 
 
 
 
 
[NAME OF ATTORNEY]
 
I HEREBY ACKNOWLEDGE AND DECLARE that all statements made in the foregoing Certificate are true and correct and that the attorney in advising me was consulted by me as my personal attorney and in my own interests only and that I received the aforesaid advice before executing the Document.
 
 
 
 
 
[NAME OF APPLICANT]
 
Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28954
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Certificate of Independent Legal Advice

 

 

TO:   [Name of Financial Institution]
I HEREBY CERTIFY THAT:
1.   I have been consulted by [Name of Applicant] (the "Applicant"), [Relationship of Applicant to Borrower (ie. Father mother, children etc.]] of the Applicant, as to the liability the Applicant would incur by executing the [Briefly Describe Document which Applicant is being required to sign (ie. Guarantee of the debts and obligations of the Applicant dated May 1, 2002)] (the "Document") in favour of [Name of Lender] (the "Lender").
2.   The Applicant consulted me alone and not in the presence of [Name of Borrower] (the "Borrower") or any of the officers, employees, servants or agents of the Lender or the Borrower.
3.   The Applicant advised me that no compulsion or threat was used nor any undue influence exercised by any of the above parties to induce the Applicant to execute the Document.
4.   I have fully advised the Applicant as to the effect of the Document and liabilities which might be incurred thereunder and the manner in which such liabilities could be enforced if the Document was executed by the Applicant.
5.   The Applicant appeared to understand the nature and effect of the Document and the liabilities which could arise thereunder.
6.   The Applicant consulted me and I gave the above advice prior to execution of the Document.
AND I FURTHER CERTIFY that I have given this advice to the Applicant as attorney for  and without regard to or consideration for the interest of the Borrower or the Lender.
Dated this _____ day of ____________________, 20_____.
 
 
 
 
 
 
[NAME OF ATTORNEY]
 
I HEREBY ACKNOWLEDGE AND DECLARE that all statements made in the foregoing Certificate are true and correct and that the attorney in advising me was consulted by me as my personal attorney and in my own interests only and that I received the aforesaid advice before executing the Document.
 
 
 
 
 
[NAME OF APPLICANT]
 

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