The Family Loan Agreement No Interest is essential for documenting financial arrangements between family members in Hong Kong. It serves to prevent future misunderstandings and provides legal clarity while avoiding the complexities of commercial loan agreements. This document is particularly useful when substantial sums are being lent within families for purposes such as property purchases, business ventures, or education. The agreement complies with Hong Kong law, including relevant exemptions under the Money Lenders Ordinance for family loans, and provides a framework for repayment without charging interest. It includes provisions for loan amount, repayment terms, default scenarios, and optional security arrangements, while considering tax implications and family dynamics. This type of agreement is commonly used in estate planning, wealth transfer situations, and family financial management.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies the lender and borrower with their full legal names and addresses
2. Background: States the family relationship between parties and the context of the loan
3. Definitions: Defines key terms used in the agreement
4. Loan Amount: Specifies the principal amount being lent
5. Repayment Terms: Details the repayment schedule, method of payment, and confirmation that no interest is charged
6. Prepayment: Confirms that early repayment is allowed without penalty
7. Events of Default: Defines what constitutes a default under the agreement
8. Representations and Warranties: Basic statements about the borrower's ability to repay and the legal capacity of both parties
9. Notices: How formal communications between parties should be made
10. Governing Law: Confirms Hong Kong law governs the agreement
11. Execution: Signature blocks and execution details
1. Security: Optional section if any assets are being provided as security for the loan
2. Death or Incapacity: Provisions dealing with what happens if either party dies or becomes incapacitated
3. Guarantor: To be included if there is a family member guaranteeing the loan
4. Debt Forgiveness: Provisions for potential future forgiveness of the debt, including tax implications
5. Dispute Resolution: Optional mediation or alternative dispute resolution procedures before legal action
6. Amendment Process: Formal process for making changes to the agreement if needed
1. Schedule 1 - Repayment Schedule: Detailed breakdown of repayment dates and amounts
2. Schedule 2 - Form of Notice: Template for formal notices between parties
3. Schedule 3 - Bank Account Details: Specified account for making repayments
4. Appendix A - Related Family Agreement: Any related family arrangements or agreements that may affect this loan
Relevant legal definitions
Agreement
Business Day
Default Event
Default Notice
Effective Date
Family Member
Final Repayment Date
Hong Kong
Lender
Borrower
Loan
Principal Amount
Repayment Date
Repayment Schedule
Notice
Parties
Payment Account
Prepayment
Security
Working Day
Writing
Guarantor
Related Family Agreement
Default Interest
Permitted Purpose
Business Day
Default Event
Default Notice
Effective Date
Family Member
Final Repayment Date
Hong Kong
Lender
Borrower
Loan
Principal Amount
Repayment Date
Repayment Schedule
Notice
Parties
Payment Account
Prepayment
Security
Working Day
Writing
Guarantor
Related Family Agreement
Default Interest
Permitted Purpose
Clauses
Interpretation
Loan Terms
Repayment
Prepayment
Default
Representations and Warranties
Covenants
Security
Death and Incapacity
Assignment
Notices
Amendment
Severability
Entire Agreement
Further Assurance
Costs
Waiver
Counterparts
Confidentiality
Dispute Resolution
Force Majeure
Governing Law
Jurisdiction
Loan Terms
Repayment
Prepayment
Default
Representations and Warranties
Covenants
Security
Death and Incapacity
Assignment
Notices
Amendment
Severability
Entire Agreement
Further Assurance
Costs
Waiver
Counterparts
Confidentiality
Dispute Resolution
Force Majeure
Governing Law
Jurisdiction
Relevant Industries
Legal Services
Financial Services
Family Office Services
Wealth Management
Private Banking
Estate Planning
Tax Advisory
Personal Finance
Relevant Teams
Legal
Wealth Management
Private Banking
Estate Planning
Tax Advisory
Compliance
Risk Management
Family Office
Relevant Roles
Family Lawyer
Private Banker
Wealth Manager
Estate Planner
Tax Advisor
Family Office Manager
Financial Advisor
Legal Counsel
Trust Officer
Relationship Manager
Financial Planner
Compliance Officer
Find the exact document you need
Single Song Publishing Agreement
A Hong Kong-governed agreement transferring publishing rights for a single song from songwriter to publisher, defining exploitation rights and royalty terms.
Download
Self Employed Printable Invoice
A Hong Kong-compliant invoice template for self-employed individuals and independent contractors, incorporating local legal and business registration requirements.
Download
Property Title Deed
A legal document under Hong Kong law that proves property ownership and details property rights, subject to Hong Kong's leasehold system and Land Registry requirements.
Download
Declaration Of Consent For Travelling Minors
A Hong Kong law-governed declaration providing legal authorization for a minor's travel, with necessary consents and travel details to satisfy immigration requirements.
Download
Affidavit Of Self Adjudication With Sale
A Hong Kong legal document combining estate self-administration rights with property sale authorization, sworn before a Commissioner for Oaths.
Download
Family Loan Agreement No Interest
A Hong Kong-governed agreement documenting an interest-free loan between family members, establishing clear terms and protections while maintaining familial flexibility.
Download
Small Engine Repair Invoice
A Hong Kong-compliant invoice document detailing small engine repair services, parts, and associated costs, serving as both a legal record and payment request.
Download
Licensor And Licensee In Rent Agreement
A Hong Kong-governed agreement establishing terms between licensor and licensee for temporary property use, offering more flexibility than traditional leases.
Download
Affidavit Of Business Closure
A sworn legal document filed in Hong Kong declaring the formal closure of a business operation and confirming completion of all required closure procedures.
Download
Sworn Affidavit
A formal written statement of facts made under oath in Hong Kong, administered by authorized officials and used as legal evidence or testimony under Hong Kong law.
Download
Pro Forma Loan Agreement
Standard form loan agreement template compliant with Hong Kong law, outlining core lending terms and obligations between parties.
Download
Affidavit Of Late Registration
A sworn legal document used in Hong Kong for registering births after the statutory deadline, requiring detailed explanation and evidence under Hong Kong law.
Download
Affidavit Of Guarantee
A sworn legal document under Hong Kong law where a guarantor formally declares their commitment to guarantee another party's obligations.
Download
Affidavit Of Disinterested Person
A Hong Kong law-compliant sworn statement made by an independent person with no direct interest in a matter, providing testimony about facts within their knowledge.
Download
Affidavit For Divorce
A sworn legal document filed in Hong Kong Family Court proceedings containing essential facts and evidence to support a divorce petition under Hong Kong law.
Download
Affidavit Letter
A formal sworn statement made under Hong Kong law, documenting facts or evidence for legal or official purposes.
Download
Dual Name Affidavit
A Hong Kong legal document declaring that two different names (typically Chinese and English) refer to the same person, authenticated by proper authorities.
Download
Affidavit Of Civil Status
A formal sworn declaration of an individual's civil status under Hong Kong law, used for official purposes such as marriage registration or immigration applications.
Download
Affidavit In Lieu Of Legal Capacity To Marry
A sworn legal document used in Hong Kong to declare one's legal capacity to marry when standard documentation from the home country is unavailable.
Download
Affidavit Of Loss Passport
A sworn legal declaration under Hong Kong law documenting the loss of a passport and circumstances surrounding the loss, required for passport replacement procedures.
Download
Affidavit Of Self Accident
A sworn legal document used in Hong Kong where an individual formally declares the details of an accident they experienced, verified by authorized legal officials.
Download
Affidavit Of Mutilation
A sworn statement under Hong Kong law declaring how a document was damaged or mutilated, used to request a replacement of the original document.
Download
Arrest Affidavit
A sworn statement document used in Hong Kong's legal system to officially record arrest details and circumstances for criminal proceedings.
Download
Manual Invoice
A Hong Kong-compliant commercial document used to request payment for goods or services, containing transaction details and meeting local regulatory requirements.
Download
Swimming Pool Waiver
A Hong Kong law-governed swimming pool liability waiver that protects operators and informs users of risks and responsibilities.
Download
Affidavit To Use The Surname Of The Father
A Hong Kong legal affidavit sworn by a parent/guardian requesting official permission to use the father's surname for a child.
Download
Affidavit Of Two Disinterested Persons For Correction Of Name
A Hong Kong legal document where two independent witnesses swear to support an individual's name correction on official documents.
Download
Affidavit Of Settlement
A sworn legal document under Hong Kong law that formally records and verifies settlement terms between parties, executed before a commissioner for oaths or notary public.
Download
Affidavit Of Oath
A formal written statement sworn under oath before authorized officials in Hong Kong, serving as legal evidence under Hong Kong law.
Download
Affidavit Of Low Income
A Hong Kong legal document where an individual swears to their low-income status and financial circumstances under oath, commonly used for legal aid applications and court proceedings.
Download
Affidavit Of Loss Documents
A sworn legal statement under Hong Kong law declaring the loss of important documents and the circumstances surrounding their loss, made before authorized officials.
Download
Affidavit Of Incident
A formal sworn statement documenting incident details under Hong Kong law, witnessed by a Commissioner for Oaths and used as legal evidence.
Download
Affidavit Of Guardianship For Scholarship
A Hong Kong legal document confirming a guardian's authority to act on behalf of a ward in scholarship-related matters.
Download
Affidavit Of Support And Guarantee
A legally binding sworn document under Hong Kong law where a guarantor commits to providing support to a beneficiary, commonly used for immigration purposes.
Download
Affidavit Of Explanation Undeclared Passport
A sworn legal document used in Hong Kong to explain circumstances surrounding an undeclared passport, executed before a Commissioner for Oaths or Notary Public.
Download
Affidavit Of Explanation
A formal sworn statement used in Hong Kong's legal system to provide detailed explanations or clarifications about specific matters, executed under oath and legally binding.
Download
Affidavit Of Discrepancy
A formal sworn statement under Hong Kong law explaining and requesting recognition of discrepancies in personal information across official documents.
Download
Certificate Of Job Completion
A Hong Kong-compliant legal document certifying the successful completion of contracted work, triggering completion-related obligations and rights between parties.
Download
Joint Affidavit Of One And The Same Person
A Hong Kong legal document sworn under oath to officially declare that different variations of a person's name refer to the same individual.
Download
Joint Affidavit Of Legitimation
A Hong Kong legal document jointly sworn by parents to legitimate a child born before their marriage, enabling official recognition of the child's status.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s 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
.png)
.png)