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If you sign a promissory note for a down payment on a car and they do not sell you the car is the note still valid?
Wiki User
∙ 9y ago
If you signed a promissory note and the person decided not to sell you the car, you do not have tobpaybthe down payment. The person has already voided the promissory note by not selling to you.
Wiki User
∙ 9y ago
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How to make a promissory note for the deficit of down payment for the tuition fee?
beg for mercy to your dean and take note, on your knees if you're starting to beg.
How A guy said he is going 'sue me' and 'take me to court' because I didn't send his item yet and his payment on PayPal is still pending is there anything to worry about?
If you have some kind of policy that "the item will not be sent until payment is received", you should be fine.If you have no intention of sending the item, you're a scam artist, and may not only be sued, but arrested for fraud. However, you can easily argue that a "pending payment" is not a valid "payment".Once the payment is valid, I suggest you get the ball rolling, and immediately send the item that, at that point, legally belongs to the individual who bought it.Side Note: Perhaps, explaining that you'll send the item when the payment is valid, will calm the individual down.
Do you need a legal agreement to cover parental input to a house deposit?
Absolutely, and depending on the circumstances. If parents help provide part of the down payment and they do not consider it a gift there should be a signed promissory note. Also, there should be a signed agreement between the owners that the parents' help will be reflected in a division of the property in case of a divorce if that is a concern.Absolutely, and depending on the circumstances. If parents help provide part of the down payment and they do not consider it a gift there should be a signed promissory note. Also, there should be a signed agreement between the owners that the parents' help will be reflected in a division of the property in case of a divorce if that is a concern.Absolutely, and depending on the circumstances. If parents help provide part of the down payment and they do not consider it a gift there should be a signed promissory note. Also, there should be a signed agreement between the owners that the parents' help will be reflected in a division of the property in case of a divorce if that is a concern.Absolutely, and depending on the circumstances. If parents help provide part of the down payment and they do not consider it a gift there should be a signed promissory note. Also, there should be a signed agreement between the owners that the parents' help will be reflected in a division of the property in case of a divorce if that is a concern.
I didint pay for down payment can i stiil be charged after repo?
Ok, you say that you didn't pay for the down payment on the car....but.....did you sign the promissory note as the borrower or as a cosigner. Because if you did, it is your car also and you will also be charged for the repo. Call the lender and try to work something out....it will be better than taking care of it when it is too late and you are being waged. Good Luck
What kind of promissory note do you need for someone who does not have the down payment at the time of the purchase.?
A large stack of benjamins. Don't owner finance a bike sale, it cannot end well. If you must, get listed as a lienholder on the title/ pink slip.
You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?
I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.
What rhymes with payment?
Raiment, which means fancy almost regal clothing. Claimant is the only other word that rhymes apart from others still containing the word 'payment' such as "co-payment", "down-payment" and "non-payment".
What is the down payment on a bugatti?
A down payment for select buyers is $360,000
What is the duration of No Down Payment?
The duration of No Down Payment is 1.75 hours.
When was No Down Payment created?
No Down Payment was created on 1957-10-30.
When you put a down payment on a car do dealers come down on price?
When you put down a down payment the price is already set. You must get them to come down before you agree to purchase which is what your down payment represents.
What is initial payment on a mortgage called?
Down payment
