Friendly loan agreement

747 Views  ⚫  Asked 7 Years Ago
asked on May 23, 2015 at 21:13
A friend would like to borrow 50k. Would prefer to put it in legal. Would like to ask is it legal if I prepare the documenta by myself then sign by both parties n get a commisional of oath to sign as witness?

Or it is a must to look for lawyer to do this. Kindly advise
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1 Answers

answered on May 24, 2015 at 23:19
What is 50k amongst friends?
It is better to make it a gift than a loan.
Less trouble.
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