What you get
- An editable Word document, drafted from your answers and the state's official text.
- A proof of sources: every citation in the draft with the words it quotes, the official source, the date the text was saved and its fingerprint.
- Notes for counsel listing each point marked [VERIFY], each blank and each choice left for the client.
What the intake asks
Plain questions, in the order an attorney would take the facts. Anything left blank stays a marked blank in the draft; nothing is invented to fill it.
The loan
- Your client is the
- Lender's legal name
- Lender details
- Borrower's legal name
- Borrower details
- Guarantor
- Principal amount
- and 1 more
Interest and payment
- Interest
- Payment schedule and maturity
- May the borrower prepay
- Prepayment charge
- Late charges and collection costs
Default and security
- Is the note secured
- Collateral
- Events of default and remedies
- Does the client want a confession of judgment clause
- Governing law, forum and other terms
Signing
- How will this be signed
- Other instructions or open decisions
Where it is offered
Every state Lawsmith has official sources for:
CaliforniaConnecticutDelawareDistrict of ColumbiaFloridaMarylandMassachusettsNew JerseyNew YorkOhioPennsylvaniaTexasVirginia
Official sources on file
The drafter works from the texts Lawsmith has saved for this document in the state you choose, plus federal law where it applies. Each is read from the official publisher and dated.
| State | Sources for this document |
|---|---|
| California | 25 |
| Connecticut | 20 |
| Delaware | 20 |
| District of Columbia | 20 |
| Florida | 15 |
| Maryland | 17 |
| Massachusetts | 15 |
| New Jersey | 23 |
| New York | 26 |
| Ohio | 14 |
| Pennsylvania | 22 |
| Texas | 24 |
| Virginia | 23 |
Among them, for New Jersey:
- N.J.S.A. 2A:14-1: 6 years
- N.J.S.A. 12A:12-7. Legal effect and enforceability
- N.J.S.A. 12A:12-9. Attribution, effect of electronic records, signatures
- N.J.S.A. 25:1-15. Liability for the obligation of another
- N.J.S.A. 31:1-1. Contract rate; rate on mortgages on dwellings and other loans; computation of interest or discount; determination of rates
How the draft is checked
Before it writes, the drafter must quote the official text behind each citation. Lawsmith compares every quotation with the text on file, character for character; a citation with no checked quotation reaches you marked [VERIFY]. The draft still needs your review before it is signed, filed or sent. How citations are checked
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