The Acknowledgement Receipt For Borrowed Money is a crucial document in Canadian lending practices, used to formally document the transfer of funds between parties in a lending arrangement. This document is particularly valuable when parties need a simpler alternative to a full loan agreement while still maintaining legal protection. It typically includes essential information such as the parties' details, amount borrowed, date of receipt, repayment terms, and any applicable interest rates. The document must comply with Canadian federal legislation such as the Interest Act and Criminal Code provisions regarding interest rates, as well as applicable provincial laws governing contracts and consumer protection. While commonly used in personal lending situations, it's also valuable for business transactions where formal documentation of borrowed funds is required. The receipt serves as evidence of the debt and can be critical for legal enforcement of repayment obligations or tax documentation purposes.
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 Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the lender and borrower with their full legal names, addresses, and any other relevant identification details
2. Background: Brief context of the loan transaction and the purpose of this acknowledgment receipt
3. Definitions: Key terms used in the document defined for clarity and legal certainty
4. Acknowledgment of Receipt: Clear statement acknowledging the receipt of the specified amount of money as a loan
5. Loan Details: Essential terms including principal amount, date received, and currency
6. Repayment Terms: Specifics of how and when the loan will be repaid, including payment schedule and method
7. Interest Rate: States the applicable interest rate (if any) and calculation method, ensuring compliance with the Interest Act
8. Signatures: Execution section with date and signatures of all parties
1. Security: Include when the loan is secured by any assets or collateral
2. Default Provisions: Include when parties want to specify consequences of default or late payment
3. Prepayment Terms: Include when early repayment is allowed and any associated conditions
4. Guarantor Details: Include when a third party is guaranteeing the loan
5. Purpose of Loan: Include when the purpose of the loan needs to be specified for legal or tax purposes
6. Governing Law: Include when the transaction crosses provincial boundaries or involves parties from different jurisdictions
1. Schedule A - Payment Schedule: Detailed breakdown of payment dates and amounts if installment payments are involved
2. Schedule B - Security Details: Description of any collateral or security provided for the loan, if applicable
3. Schedule C - Interest Calculation: Detailed explanation of interest calculation method and examples, if interest is charged
4. Appendix 1 - Proof of Transfer: Copy of bank transfer receipt or other proof of funds transfer
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Banking
Real Estate
Small Business
Construction
Retail
Agriculture
Manufacturing
Professional Services
Non-Profit Organizations
Education
Healthcare
Technology
Family Business
Relevant Teams
Legal
Finance
Accounting
Treasury
Risk Management
Compliance
Administrative Services
Credit Management
Corporate Governance
Business Operations
Relevant Roles
Chief Financial Officer
Finance Manager
Accountant
Legal Counsel
Corporate Secretary
Business Owner
Financial Controller
Loan Officer
Credit Manager
Treasury Manager
Risk Manager
Compliance Officer
Administrative Officer
Small Business Manager
Financial Advisor
Legal Administrator
Corporate Treasurer
Banking Manager
Find the exact document you need
Acknowledgement Receipt For Buying A Lot
A Canadian legal document confirming payment and ownership transfer in a lot purchase transaction, compliant with provincial real estate regulations.
Download
Acknowledgement Letter For Receiving Cheque
A Canadian legal document confirming receipt of a cheque payment, including payment details and purpose, governed by federal banking and financial laws.
Download
Acknowledgement Letter For Full Payment
A Canadian legal document confirming receipt of full payment and releasing the paying party from further financial obligations.
Download
Acknowledgment For Assignment
A Canadian legal document that formally acknowledges and consents to the transfer of rights or obligations from one party to another through assignment.
Download
Acknowledgement Letter For Motor Vehicle
A Canadian legal document acknowledging motor vehicle ownership, transfer, or status details, compliant with federal and provincial regulations.
Download
Acknowledgement For Payment Received Letter
A Canadian legal document confirming receipt of payment and potentially releasing the payer from further related obligations.
Download
Acknowledgement Receipt Down Payment
A Canadian legal document acknowledging receipt of a down payment, detailing transaction specifics and serving as official proof of payment.
Download
Acknowledgement Letter For Refund Payment
A Canadian-compliant formal letter acknowledging and documenting the processing or payment of a refund, serving as an official record of the transaction and terms.
Download
Employee Acknowledgement
A Canadian-compliant document confirming an employee's receipt and understanding of company policies and procedures.
Download
Acknowledgement Letter For Donation
A Canadian legal document acknowledging charitable donations and providing necessary tax receipt information in compliance with CRA requirements.
Download
Employee Handbook Acknowledgement
A Canadian-compliant document confirming an employee's receipt and understanding of the company employee handbook and agreement to follow its policies.
Download
Acknowledgement Receipt For Partial Payment
A Canadian legal document confirming receipt of partial payment and acknowledging remaining debt balance, compliant with federal and provincial regulations.
Download
Acknowledgement Acceptance Of Termination Letter
A Canadian legal document confirming an employee's acceptance of employment termination terms and conditions, including severance and benefits arrangements.
Download
Cash Payment Acknowledgement Receipt
A Canadian-compliant document acknowledging receipt of cash payment, including transaction details and party information for legal and accounting purposes.
Download
Acknowledgement Statement For Signature
A Canadian-compliant formal document that creates a legally valid record of a party's acknowledgement or confirmation of specific information or obligations.
Download
Acknowledgement Receipt Land Title
A Canadian legal document confirming receipt of land title documents or registration materials by authorized parties or land registry offices.
Download
Acknowledgement Receipt For Sale
A Canadian-compliant document that formally acknowledges and records the details of a completed sales transaction, serving as legal proof of purchase and payment.
Download
Acknowledgement Receipt For Refund Of Deposit
A Canadian legal document acknowledging the return of a deposit, serving as official proof of refund and release of obligations between parties.
Download
Acknowledgement Letter For Return Of Company Property
A Canadian-compliant formal document acknowledging the return of company property from an employee to their employer, creating a legally binding record of returned assets.
Download
Acknowledge And Acceptance Letter
A formal Canadian legal document confirming receipt and acceptance of specific terms or conditions, serving as evidence of agreement between parties.
Download
Electronic Employee Handbook Acknowledgement Form
A Canadian-compliant electronic form confirming employee receipt and understanding of the company handbook, incorporating federal and provincial requirements for electronic documentation.
Download
Acknowledgement Form
A Canadian legal document used to formally confirm receipt, understanding, or agreement to specific matters, governed by federal and provincial laws.
Download
Digital Signature Acknowledgement Statement
A Canadian-law compliant statement acknowledging and consenting to the use of digital signatures in electronic transactions.
Download
Tenant Key Receipt Acknowledgement Form
A Canadian legal document recording the transfer of keys and access devices from landlord to tenant, establishing accountability and proof of handover.
Download
Tenant Acknowledgement Receipt
A Canadian legal document acknowledging receipt of payment from a tenant to a landlord, serving as official proof of payment for rent and other housing-related charges.
Download
Tenant Acknowledgement Form
A Canadian legal document recording tenant acknowledgment and acceptance of specific rental property terms, conditions, and policies.
Download
Temporary Acknowledgement Receipt
A Canadian legal document that records and validates the temporary transfer of possession of items between parties, ensuring clear documentation and legal protection under Canadian law.
Download
Subcontractor Acknowledgement Form
A Canadian form documenting subcontractor acknowledgment of legal obligations, responsibilities, and compliance requirements under federal and provincial regulations.
Download
Student Acknowledgement Form
A Canadian-compliant form documenting student agreement to institutional policies, procedures, and requirements in educational settings.
Download
Standard Acknowledgement Letter
A formal Canadian business document used to officially confirm receipt, understanding, or agreement of specific matters, following Canadian legal and business documentation standards.
Download
Signature Acknowledgement Form
A Canadian legal document that formally verifies and authenticates signatures on important documents, typically witnessed by a notary public or authorized official.
Download
Service Acknowledgement Receipt
A Canadian-compliant document that formally confirms the delivery and acceptance of services, including service details, financial information, and acknowledgment signatures.
Download
Service Acknowledgement Letter
A Canadian-compliant formal letter acknowledging and confirming the terms of a service arrangement between parties, serving as a simplified alternative to a full service agreement.
Download
Seller Acknowledgement Form
A Canadian legal document recording seller's confirmations and representations regarding a sale transaction, including ownership declarations and compliance with federal and provincial requirements.
Download
Security Acknowledgement Form
A Canadian securities document where investors formally acknowledge investment risks and confirm their qualification status under applicable securities regulations.
Download
Salary Acknowledgement Letter
A Canadian-compliant document that formally acknowledges and records an employee's agreed-upon salary and compensation terms.
Download
Volunteer Acknowledgement Letter
A Canadian jurisdiction document that establishes and clarifies the formal relationship between an organization and a volunteer, outlining roles and responsibilities while protecting both parties' interests.
Download
Volunteer Acknowledgement Form
A Canadian legal document that formalizes the volunteer relationship between an organization and individual volunteers, outlining terms, responsibilities, and liability considerations.
Download
Vendor Acknowledgement Form
A Canadian legal document capturing vendor acknowledgment of organizational policies and compliance requirements.
Download
Uniform Acknowledgement Form
A standardized Canadian legal document used to formally verify and record acknowledgments of facts, documents, or actions before authorized officials.
Download
ұԾ’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; ұԾ’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)