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Is a promissory note valid with no consideration?
No....a promissory note is not valid without a consideration.
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The note is no longer valid because it is a personal promissory note.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.
Do you need a witness for a valid promissory note in the state of Washington?
It could be considered 'extra insurance' pertaining to the validity of the note, but it isn't necessary. As long as the terms of the agreement are stated accurately and clearly and the note is signed by the borrower, it is legal.
Is a promissory note valid if initials are forged?
A promissory note must be signed by the borrower. The document is not valid if it is a forgery as with any signed document.
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?
A personal promissory note ceases to be valid after the person has died. The law differs from state to state so it is best to check with the probate court or an estate attorney for details.
Where is a Pennsylvania drivers license valid?
A Pennsylvania driver's license is valid in all US states and territories. Most countries will allow a US driver's license holder to drive in their country, regardless of state.
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.
Is your Pennsylvania motorcycle permit valid in other states?
A Motorcycle Permit from the state of PA is valid in other states just as the learners permit is valid. You still have to follow their laws and regulations.
How long is a Pennsylvania driver's permit valid for?
A Pennsylvania driver's permit is valid for one year.
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.
Pennsylvania drivers license valid in New York?
It is if you are a Pennsylvania resident.
Who is a notary witness?
A notary witness is a person that has gotten a license from their state to witness or watch when a person signs a document. The notary swears he saw the document signed by signing his/her own name to the document and/or stamping the document with a seal that he has.
