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You can make your own note. Just make sure you write down the VIN number and how much you have agreed to pay on it. Also it would be wise to list the condition that it is in and on the back of the note keep track of how much you have paid on it. Ex. I (your name) am buying a (make and model) from (sellers name) for (total price). I will pay (monthly/weekly amount) for (however long you'll pay on it). Then the buyer, the seller, and a witness should sign it. On the back write down each payment, then initial it.

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โˆ™ 2005-11-05 23:22:21
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Q: Where can you get a free copy of a promissory note to buy a motorhome?
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Where can one find a free promissory note template?

One is able to find a free promissory note template both online at promissory note template website, and on Microsoft where there is a program dedicated to letter and note making.


Do you have a legal right to a copy of your promissory note?

You do have a right to a COPY of your promissory note, if for no other reason than to assemble, collate, and maintain a complete file for your own legal records.


Wording for promissory note?

wording for promissory note with collateral


Is a promissory note legal if not signed?

Generally, if a promissory note is not signed, it is not enforceable. The statute of frauds may also make the promissory note unenforceable.


Is a promissory note valid with no consideration?

No....a promissory note is not valid without a consideration.


How do you make a promissory note for a school tuition fee?

sample letter of promissory note


If you have a promissory note based on a business loan and you file bankruptcy on that business loan is the promissory note still valid?

Even though you file bankruptcy, you still have to honor the promissory note. If you are ordered to make installment payments then you will have to pay the promissory note in installments.


Amount of promissory note is called?

The amount written on the face of a promissory note is called face value or principal. The date on which the promissory note is written is called the issue date.


How do you issue a promissory note?

A promissory note is a fancy legal name for a legally phrased I.O.U.


What is promissory note and what are its parts?

A promissory note is a promise to pay. The most common parts of a promissory note include the lender's name, the borrower's name, the amount of money, and the due date.


Is the amount of promissory note is called maturity value?

No, the amount of the promissory note is the face vale not maturity value. Maturity value is the value of the money on the promissory note after a period of time.


How can you use the word promissory in a sentence?

I have the promissory note to my house.


How do you account for an interest free promissory note?

Similar to A/R. Set up a Note Receiveable, and credit the note (debit cash) as payments are received.


Difference between bill of exchange and promissory note?

difference between bill of exchange and promissory note?


Where can you find a template for a promissory note for a friend?

The ECSI website has lots of the promissory notes. The ECSI website also has the template which will help in the writing of the promissory note.


What is the difference between a Secured Promissory Note and a Promissory Note?

A secured promissory note has collateral attached - usually an item/items of value or a deposit. If the note is not fulfilled, the creditor can seize the collateral as payment. An unsecured note has no collateral attached.


Paano gumawa ng promissory note?

promissory letter


What is a promissory note?

A promissory note (which is usually referred to simply as a note) is a written promise to pay a specific sum at a definite future date.


Can an unsecured promissory note be used for a deposit on purchasing a home?

No. An unsigned promissory note has no legal value whatsoever.


What is presentment of promissory note?

A "Promissory Note" is a legal IOU. 'Presentment' of it, means that you (or someone) is cashing it in, and wants to be paid.


Who signs a promissory note?

The most important signature on a promissory note is the borrower. Many are also signed by the lender.


Do you have to sign a master promissory note?

Please see the resource center at www.one2onelending.com for all of your promissory note questions.


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?

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.


What is a sentence for promissory note?

I needed to sign a promissory note for my student loan money.The bank is legally owed money when you sign a promissory note.The promissory note was only one page long but used complicated language.


A personal promissory note was drawn between two individuals in the state of Texas and the lender since died. How long does the executor have to enforce the promissory note. Is it still valid?

The note is no longer valid because it is a personal promissory note. If you want to honor it, that is your decision.

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