Receipt for Collateral

for Your State

Designed to establish that the secured party has obtained the collateral and will hold it as security until the loan is repaid. This Kit sets forth what will happen if the borrower defaults on the obligation.

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For Immediate Download

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Add to Cart
Free eSignature included
with every order
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Receipt for Collateral for use in all states. This receipt for collateral will indicate that:
  • The secured party has obtained the collateral and will hold it as security until the loan is repaid.
  • If the borrower defaults on the obligation, the property may be disposed of to satisfy the obligation.
  • The borrower will pay any costs and expenses relating to holding the property.
  • The secured party does not acknowledge the value or condition of the property offered as collateral.
This attorney-prepared packet contains:
  1. Information on Receipts for Collateral
  2. Receipt for Collateral form
State Law Compliance: This form complies with the laws of all states

You may also be interested in our Promissory Notes and Security Agreements
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.





Receipt for Collateral







This Packet Includes:
1. Information
2. Receipt for Collateral





Information
Receipt for Collateral




This receipt for collateral provides:

 The secured party has obtained the collateral and will hold it as security until the loan is repaid

 If the borrower defaults on the obligation, the property may be disposed of to satisfy the obligation

 The borrower will pay any costs and expenses relating to holding the property

 The secured party does not acknowledge the value or condition of the property offered as collateral








DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice. The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS.


Receipt for Collateral



This receipt is made in connection with the Promissory Note dated _________________________ , 20 ___, and the Security Agreement dated ___________________________ , 20 __ , between the Borrower ___________________________ , of ___________________________ , City of ___________________________ , State of ___________________________ , and the
Noteholder/ Secured Party ___________________________ , of __________________________ , City of ___________________________ , State of ___________________________ .

The Noteholder/Secured Party acknowledges delivery of the following described personal property as collateral under the Security Agreement:




This collateral is subject to the lien and all of the conditions of the Security Agreement. In the
event of the Borrower's default on any of the terms of the Note or Security Agreement, this property may be disposed of by the Noteholder/Secured Party to satisfy any of the Borrower's
obligations as allowed by law.

The Borrower will continue to pay all costs and expenses relating to this property, including any
maintenance, storage fees, insurance, or taxes.

This receipt does not acknowledge the condition or the value of the property retained as collateral.


Dated: ___________________________ , 20 __



_________________________________
Signature of Borrower

_________________________________
Name of Borrower

_________________________________
Signature of Secured Party/Noteholder

_________________________________
Name of Secured Party/Noteholder
Number of Pages2
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#22080
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.





Receipt for Collateral







This Packet Includes:
1. Information
2. Receipt for Collateral





Information
Receipt for Collateral




This receipt for collateral provides:

 The secured party has obtained the collateral and will hold it as security until the loan is repaid

 If the borrower defaults on the obligation, the property may be disposed of to satisfy the obligation

 The borrower will pay any costs and expenses relating to holding the property

 The secured party does not acknowledge the value or condition of the property offered as collateral








DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice. The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS.


Receipt for Collateral



This receipt is made in connection with the Promissory Note dated _________________________ , 20 ___, and the Security Agreement dated ___________________________ , 20 __ , between the Borrower ___________________________ , of ___________________________ , City of ___________________________ , State of ___________________________ , and the
Noteholder/ Secured Party ___________________________ , of __________________________ , City of ___________________________ , State of ___________________________ .

The Noteholder/Secured Party acknowledges delivery of the following described personal property as collateral under the Security Agreement:




This collateral is subject to the lien and all of the conditions of the Security Agreement. In the
event of the Borrower's default on any of the terms of the Note or Security Agreement, this property may be disposed of by the Noteholder/Secured Party to satisfy any of the Borrower's
obligations as allowed by law.

The Borrower will continue to pay all costs and expenses relating to this property, including any
maintenance, storage fees, insurance, or taxes.

This receipt does not acknowledge the condition or the value of the property retained as collateral.


Dated: ___________________________ , 20 __



_________________________________
Signature of Borrower

_________________________________
Name of Borrower

_________________________________
Signature of Secured Party/Noteholder

_________________________________
Name of Secured Party/Noteholder
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