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Yes, if properly signed.

There is no legal difference between handwritten and typed documents.

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13y ago
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1w ago

Yes, a handwritten promissory note is legal in the state of Maryland as long as it meets certain requirements such as being signed by the borrower, containing the terms of repayment, and being specific about the amount borrowed. It is recommended to consult with a legal professional to ensure the note is legally enforceable.

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Q: Is a handwritten promissory note legal in the state of Maryland?
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Is a holographic will legal in Tennessee?

Yes, holographic wills are recognized in Tennessee as long as they meet specific requirements, such as being entirely handwritten and signed by the testator. However, it is generally advisable to create a formal, witnessed will to avoid potential challenges to the will's validity.


How long is the statute of limitations in Maryland for unpaid medical bills?

In Maryland medical bills are generally treated as promissory notes or written accounts, depending upon the wording of the agreement. The state's SOL for promissory notes is 6 years, the SOL for written contract is 3 years from DLA.


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If you sign a promissory note to avoid legal action and you don't repay it in full what legal action can be taken against you and is there a statute of limitations?

The holder of the promissory note can file a lawsuit against the signer/borrower in the debtor's state court of jurisdiction to recover monies owed. A promissory note is considered a written legally binding document and therefore is subject to the applicable SOL of the debtor's state of residency.


Why does a Promissory Note indicate the state where executed?

State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.


Is an IOU considered a legal promissory note?

It depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements:must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrower


How do you write legally binding promissory note?

The easiest way to write a legally binding promissory note yourself is to use a pre-formated promissory note form from a credible legal forms database. All you have to do is fill in the form with the appropriate information. Each state has certain requirements, therefore each form is specifically made for each state.


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Who writes the promissory note?

Your not suppose to just write a promissory note, unless your an attorney whose familiar with the local laws and information required. Thanks to the internet, theirs now a whole industry of lawyers that just prepare legal forms, like promissory note forms, that meet our state's requirements. A good example of what I'm talking about is the website www.LegalFormsBank.Biz - you'll be able to download your state's compliant promissory note form then you can fill it out on your PC and then follow the instructions on how to file it.