In this way, you can understand that guarantee contracts are only signed in secured loans in which a borrower, when giving his assets to a creditor as collateral or insurance, signs the guarantee contract with the creditor. In accordance with this agreement, creditors and debtors negotiate on the terms and incorporate these clauses into the agreement. This Agreement contains the details of the guarantee or guarantee that the debtor gives to the creditor, as well as the conditions under which the creditor has the right to sell the security rights either to collect its debts or to return them to the debtor when it returns the full amount of the loan. Tags: Drafting a security agreementReparation of security agreementPreparation of printable security agreements Security agreementsIn case of security agreements Security agreement Security agreement Security agreements Essential elements to be included in the security agreement:. . .