# Loan Consent Agreement

**IRI:** https://folio.openlegalstandard.org/RDjRoem7owEgBlK43agh8ln

## Labels

## Definition

A "Loan Consent Agreement" is a formalized contract that modifies the terms of an existing loan agreement, often requiring the consent of the lender, borrower, and sometimes third parties involved. The document specifies the changes to be made to the original terms, conditions, or covenants of the loan and serves as an official authorization for those modifications.

## Sub Class Of

- https://folio.openlegalstandard.org/R7ddsah86bL3tQ5OmO9B7PB

**Deprecated:** False