Deed of Debt
Record and formalise a loan of money or assets to protect yourself in the future if disputes or disagreements should arise.

A Deed of Debt (also known as a “Deed of Acknowledgement of Debt”) is a great way to record a loan of money or assets to another person. A Deed of Debt formalises any agreement to loan money or assets and offers a sound reference point to return to if required. Should either party be unsure or threaten not to repay the loan, the Deed of Debt helps provide a contemporary record of what was originally intended. A Deed of Debt is particularly useful for recording a loan between parents and children for the purpose of purchasing a home.

How it works
Purchase the Deed
Pay only $100 for a customisable loan agreement you can complete yourself.
Work through the Deed
Work through the Deed document. The Agreeable team is available to answer any questions along the way and to ensure your Deed achieves exactly what you require.
Get professional legal advice
Optional: receive professional legal advice on the implications of your Deed. We can arrange a lawyer to assist and advise you. Our fixed price system ensures no financial surprises!
1. Purchase the Deed
2. Work through the Deed
Our document creation tool will guide you step-by-step through everything you need to cover. In our experience, it takes fewer than 15 minutes. The staff at Agreeable are only a phone call or email away if any issues or questions arise.
3. Get professional legal advice
Optional: receive professional legal advice on the implications of your Deed if you wish. We can arrange a lawyer for a fixed fee. Enquire now for a fixed fee quote.
If you have any questions, please email us or call us on 0800 9 AGREE
Who’s using Agreeable?
Who’s using Agreeable?
Juanita and Jodi were in a relationship that was getting serious. They met in 2016 and moved in together in 2017. They were thinking of getting married. Each of them wanted to keep their own assets and income that they were bringing to the relationship separate. They found Agreeable online and bought the relationship property agreement. They drafted it themselves (with help from the online document builder) and then used Agreeable to arrange for independent experts to give each of them advice. Once that had happened, each of them signed the agreement and the lawyers certified it. The agreement enabled them to be confident of how their assets will be dealt with in the event of them separating. All of that happened online and cost them about $1900 in total.
Deed of Debt
What is a Deed of Debt?
A Deed of Debt is a document for recording a loan from one person to another. The Deed helps make it clear that the person receiving the loan must pay back the money or return the property at a chosen time.
The person who loans money or property is called the Creditor, and the person who receives the loan is called the Debtor. Deeds of Debt are particularly useful when someone loans money or property to a trust or where parents help one of their children purchase their first home by loaning them money for their deposit. These types of agreements are most effective when the lending party does not intend to recover interest on the loan.
Do I need a Deed of Debt?
A Deed of Debt allows parties to document a loan. A Deed of Debt records who is involved, the amount being transferred, whether the loan is interest free, and how the loan is to be repaid.
In our experience, a Deed of Debt is an important tool where parents are wanting to help their adult child, often either married or de-facto, purchase a family home. A Deed of Debt will record the loan to the child. The Deed of Debt can then function as an effective record of the loan for any future relationship property or separation agreement between the child and their partner.
Where parents help their child purchase a home and the child is in a relationship, we recommend seeking a relationship property agreement to protect that child’s equity (and debt) by reference to the loan from his or her parents.
What are the benefits of a Deed of Debt?
If someone refuses to repay money that you have loaned to them, having a valid, enforceable legal document can make recovering a loan easier.
Things to keep in mind when getting a Deed of Debt
It is important to ensure that you fully identify the people involved, and who is giving and receiving the loan. The amount to be repaid is also crucial.
Anyone entering into a Deed of Debt should always be aware of any tax or financial consequences that may follow (for example, whether interest applies and how it is to be repaid). We recommend that you seek legal and tax advice before entering into a Deed of Debt. Agreeable would be happy to help connect you with a lawyer who could provide that advice.
We look forward to working with you!
If you’re ready to work some magic and start drafting your own Deed of Debt, get started! If you have any questions about how the process works, feel free to give us a call on 0800 9 AGREE.