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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.
What happens if you don't sign a promissory note?
You don't get the loan
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.
Can 1 person sign the mortgage and another sign the promissory note?
the moon shins on the earth.
How can you get out of a promissory note?
If you are the debtor you must pay the debt and have the lender sign a release.
What laws govern tow yards when releasing a vehicle with a promissory note?
Not enough information is given. Promissory note for WHAT? To pay the towing bill? To prove ownership of the car? Is the towing company asking YOU to sign a promissory note? Re-word and re-submit the question.
Wording for promissory note?
wording for promissory note with collateral
Can one person sign off on a joint held promissory note?
Yes. The co-holder of a promissory can assign their rights under the note to the other co-holder by a written, notarized instrument.
Is lender required to sign a promissory note?
No, a lender is not required to sign a promissory note. The primary purpose of the note is to establish the borrower's promise to repay the loan, while the lender's acceptance of the loan terms is typically indicated by providing the funds or executing a loan agreement. However, it is common practice for lenders to sign the note as a form of acknowledgment or to formalize the transaction.
Do you have to sign a promissory note from an apartment complex?
if you owe them money and they accept this IN LIEU of evicting you, yes.
Is a promissory note valid with no consideration?
No....a promissory note is not valid without a consideration.
How can you use the word promissory in a sentence?
She signed a promissory note as a commitment to repay the loan on time.
