Independent Legal Advice
Rayners Lawyers provides independent legal advice to borrowers and guarantors.
The purpose of independent legal advice is to explain the potential ramifications of a borrower or guarantor entering into a binding and enforceable agreement.
In New South Wales, evidence of the advice provided by a solicitor must be in the form of:
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Schedule 2: Declaration by Third Party Mortgagor, Guarantor, Surety Mortgagor or Indemnifier for the Borrower/Grantor of a Security Interest
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Schedule 2A: Declaration by Third Party Mortgagor, Guarantor, Surety Mortgagor or Indemnifier for the Borrower/Grantor of a Security Interest (Corporation)
If you are considering borrowing or being the guarantor of someone else’s loan, it is vital that you obtain independent legal advice before you sign any document.
For further information, please contact Kirsty Rayner directly on 0422 33 88 10 or by email
[email protected] 
