The Loan for Use Agreement (also known as Commodatum) is a crucial legal document in Indonesian business and civil transactions, governed by the Indonesian Civil Code (KUHPer). This agreement is essential when one party wishes to grant another the temporary use of an item without charging rent or fees, with the understanding that the same item will be returned. It's commonly used in various contexts, from lending equipment between businesses to sharing resources in educational or cultural settings. The document must comply with Indonesian contract law requirements and specifically addresses the rights and obligations of both parties, including maintenance responsibilities, permitted uses, and return conditions. This agreement type is particularly relevant when organizations or individuals need to formalize temporary, no-cost lending arrangements while ensuring proper legal protection for both parties.
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: Identification and details of the Lender and Borrower
2. Background: Context of the agreement and relationship between parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Loan: Detailed description of the item(s) being loaned for use
5. Term of Loan: Duration of the loan period, including start and end dates
6. Purpose of Use: Specified permitted uses of the loaned item
7. Delivery and Return: Terms regarding the delivery and return of the loaned item
8. Borrower's Obligations: Responsibilities of the borrower including maintenance and care
9. Prohibited Actions: Specific actions that are not permitted with the loaned item
10. Risk and Liability: Allocation of risk and responsibility for damage or loss
11. Termination: Circumstances under which the agreement can be terminated
12. Governing Law: Specification of Indonesian law as governing law
13. Dispute Resolution: Process for resolving any disputes between parties
1. Insurance: Requirements for insurance of the loaned item, recommended for high-value items
2. Third Party Use: Terms regarding whether and how the borrower may allow others to use the item, relevant when such use might be contemplated
3. Maintenance Schedule: Specific maintenance requirements and schedule, important for technical equipment or items requiring regular maintenance
4. Security Deposit: Terms regarding any security deposit required, applicable for valuable items
5. Registration Requirements: Any registration or licensing requirements, relevant for vehicles or regulated items
6. Intellectual Property: Protection of any intellectual property rights associated with the loaned item, relevant for technical equipment or creative works
7. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term loans
1. Schedule 1 - Item Description: Detailed technical specifications and condition report of the loaned item
2. Schedule 2 - Delivery and Return Checklist: Checklist for inspection during delivery and return
3. Schedule 3 - Usage Guidelines: Detailed instructions for proper use and maintenance
4. Schedule 4 - Condition Photos: Photographic evidence of the item's condition at time of loan
5. Schedule 5 - Maintenance Requirements: Detailed maintenance procedures and schedules if applicable
Relevant legal definitions
Clauses
Relevant Industries
Education
Technology
Manufacturing
Arts and Culture
Research and Development
Healthcare
Construction
Agriculture
Sports and Recreation
Media and Entertainment
Non-Profit
Professional Services
Relevant Teams
Legal
Operations
Facilities Management
Asset Management
Administration
Risk and Compliance
Property Management
Project Management
Research and Development
Events Management
Relevant Roles
Legal Counsel
Operations Manager
Facility Manager
Asset Manager
Property Administrator
Department Head
Project Manager
Equipment Manager
Resource Coordinator
Compliance Officer
Risk Manager
Administrative Director
Laboratory Manager
Research Director
Events Coordinator
Find the exact document you need
Hire Purchase Agreement For Vehicle
An Indonesian law-governed agreement for vehicle financing through hire purchase arrangement, detailing payment terms, ownership conditions, and parties' obligations.
find out more
Simple Interest Loan Contract
An Indonesian law-governed loan agreement establishing terms for a simple interest loan, compliant with local banking and financial services regulations.
find out more
Agreement Between Financier And Company
An Indonesian law-governed financing agreement between a financier and company, setting out terms for funding, repayment, and security arrangements.
find out more
Legal Financial Agreement Between Two Parties
An Indonesian law-governed agreement establishing financial obligations between two parties, incorporating key regulatory requirements and protective provisions for both parties.
find out more
Employees Loan Agreement
An Indonesian law-governed agreement establishing terms for an employer-provided loan to an employee, including repayment through salary deductions.
find out more
Syndicated Loan Term Sheet
A term sheet outlining key terms and conditions for a syndicated loan facility under Indonesian law and banking regulations.
find out more
Master Securities Loan Agreement
An Indonesian law-governed framework agreement for securities lending transactions between financial institutions, compliant with OJK regulations and capital market laws.
find out more
Intercreditor Deed
An Indonesian law-governed agreement establishing rights, priorities, and relationships between multiple creditors in a financing arrangement.
find out more
Co Financing Agreement
An Indonesian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, detailing participation, security, and regulatory compliance requirements.
find out more
Litigation Funding Agreement
An agreement under Indonesian law governing third-party funding of legal proceedings, detailing funding terms, success fees, and proceed distribution.
find out more
Loan Agreement Between Lender And Borrower
Indonesian law-governed loan agreement establishing terms between lender and borrower, compliant with OJK regulations and Indonesian Civil Code.
find out more
Individual To Individual Loan Agreement
An Indonesian law-governed agreement establishing loan terms between two private individuals, including loan amount, interest, and repayment conditions.
find out more
Loan Participation Agreement
An Indonesian law-governed agreement establishing the terms for a financial institution's participation in a loan, including payment mechanisms and regulatory compliance requirements.
find out more
Loan For Use Agreement
Indonesian law-compliant Loan for Use Agreement template for temporary, gratuitous use of items, structured under KUHPer provisions.
find out more
Loan Agreement Term Sheet
A preliminary agreement under Indonesian law outlining key terms and conditions for a proposed loan facility, serving as the foundation for detailed loan documentation.
find out more
Loan Agreement Deed
An Indonesian law-governed notarial deed establishing the terms and conditions of a loan facility, with enhanced legal enforceability through notarization.
find out more
Lease Hire Agreement
An Indonesian law-governed Lease Hire Agreement establishing terms for asset leasing, compliant with local regulations and OJK requirements.
find out more
Co Borrower Loan Agreement
An Indonesian law-governed agreement establishing terms for multiple borrowers jointly responsible for a loan, compliant with OJK regulations and the Civil Code.
find out more
Bridge Loan Contract
An Indonesian law-governed temporary financing agreement providing interim funding until permanent financing is secured, compliant with local banking and security regulations.
find out more
Trade Finance Agreement
An Indonesian law-governed agreement establishing terms for trade finance facilities between financial institutions and trading companies, incorporating local regulatory requirements and international trade finance practices.
find out more
Short Term Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a short-term loan between lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
find out more
Real Estate Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a property-backed loan, including security arrangements and regulatory compliance requirements.
find out more
Project Finance Contract
Indonesian law-governed project finance agreement structuring funding and security arrangements for large-scale infrastructure and development projects.
find out more
Personal Car Loan Agreement
An Indonesian law-governed agreement for vehicle financing between a financial institution and individual borrower, establishing loan terms and security arrangements.
find out more
Official Loan Agreement
An Indonesian law-governed agreement establishing formal lending terms between a financial institution and borrower, compliant with local banking regulations and OJK requirements.
find out more
Margin Loan Agreement
An Indonesian law-governed agreement establishing terms for margin lending facilities, secured by financial instruments as collateral and regulated by OJK.
find out more
Loan Agreement Between Spouses
An Indonesian law-compliant loan agreement template for married couples, incorporating relevant marriage law and civil code requirements.
find out more
Financing Contract Agreement
An Indonesian law-governed financing agreement establishing terms for credit facilities, including security arrangements and regulatory compliance requirements.
find out more
Financial Support Agreement
An Indonesian law-governed agreement establishing terms for financial support between parties, compliant with OJK regulations and Indonesian financial laws.
find out more
Financial Agreement Between Two Parties
Indonesian law-compliant financial agreement template establishing terms and conditions for financial arrangements between two parties.
find out more
Contract For Car Payments
An Indonesian law-governed agreement establishing terms and conditions for vehicle purchase payments, including financial obligations and ownership terms.
find out more
Car Finance Contract
An Indonesian law-governed agreement establishing terms and conditions for vehicle financing, compliant with OJK regulations and local financial services requirements.
find out more
Business Loan Contract
An Indonesian law-governed agreement establishing terms for business financing between a lender and business borrower, compliant with local banking regulations.
find out more
Bridge Facility Agreement
An Indonesian law-governed temporary financing arrangement providing interim funding pending permanent financing, compliant with Indonesian banking regulations and OJK requirements.
find out more
Bank Guarantee Agreement
An Indonesian law-governed agreement where a bank guarantees payment to a beneficiary upon the principal's default, subject to Indonesian banking regulations and OJK requirements.
find out more
Auto Finance Contract
An Indonesian law-governed vehicle financing agreement establishing terms and conditions for auto loans, compliant with OJK regulations.
find out more
Owner Financing Contract For Deed
An Indonesian law-governed agreement where the property seller finances the buyer's purchase, detailing payment terms and gradual ownership transfer conditions.
find out more
Inventory Loan Agreement
An Indonesian law-governed agreement establishing terms for temporary loan of inventory items between parties, including usage conditions and return provisions.
find out more
Commercial Finance Agreement
An Indonesian law-governed agreement establishing terms for commercial lending between financial institutions and corporate borrowers, compliant with OJK and Bank Indonesia regulations.
find out more
Medical Equipment Loan Agreement
An Indonesian law-governed agreement for the temporary loan of medical equipment, incorporating local healthcare regulations and safety standards.
find out more
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)