Its primary function is to serve as written evidence of the amount of a debt and the terms under which it will be repaid, including the rate of interest (if any). nbsp; nbsp; If you are securing the loan with personal property, make sure to print and use the "Security Agreement for Borrowing Money" which is included with this form. (Note that you should not use this form if you are securing your loan with real estate). nbsp; Important to Know: If the lender and borrower decide to change the terms of a promissory note, use Nolo's Agreement to Modify Promissory Note. A promissory note is a written promise to pay money to someone. Once the loan has been repaid in full, consider using Nolo's Release of Promissory Note.
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Official - Promissory Note
Specifications of Official - Promissory Note | |
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Category | Media |
Instock | instock |