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A note is the legal document that obligates a borrower to repay a mortgage on real estate at a specified interest rate in a specified amount of time.

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15y ago

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If the car insurance is cancelled on the loaned vehicle can the bank repo the car when all payments have been on time?

Wayne, Personally as a Repoman, I see 4-5 orders a month to pick up a vehicle that the bank has no proof of insurance on. I believe there is something in a car buying agreement that requires you to carry the insurance.


When a Chinese loaned panda has cubs in the United States who does the cub belong to?

That would depend on the agreement reached by the two countries prior to the breeding loan.


How many syllables in the word loaned?

The word loaned is one syllable.


The purpose of a debit card is to?

It saves people the trouble of writing checks. You are not being loaned money, you are simply drawing upon an account in which you have previously deposited money.


Who was involved in credit mobilier and what was the purpose?

The union pacific railroad was involved and the plan was to pay a huge sum for work and secure the bonds loaned by the US government.


What is the primary purpose of a loans credit?

The meaning for loans credit may be the amount that is loaned. A primary purpose for a loan is perhaps to improve the home, replacing old appliances, and to generally add value. Another purpose may be to purchase a new car, or even for a holiday.


Can you demand your money if you have a signed written agreement you loaned someone money?

Yes, if you have a signed written agreement that documents the loan, you can demand repayment from the borrower. The agreement serves as legal evidence of the loan terms and the obligation to repay. If the borrower fails to repay, you may have the option to pursue legal action to enforce the agreement and recover your money. However, it's advisable to consult with a legal professional for guidance specific to your situation.


How can you legally retrieve a loaned car?

When u buy a loaned car, it means u are keeping that car as a security. So when u have completed all the Repayments, u can retrieve the loaned car.


How you can sell mortgages?

You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.You cannot sell mortgages. Mortgages are owned by the bank that loaned the money.


Is loaned a verb?

Yes.


When you invest in a mutual fund?

your money gets loaned out to businesses and companies.


You paid 13000.00 to stop foreclosure on brothers home what are your rights?

My "rights" are whatever the agreement was between my brother and I when I paid the money. If there is no written agreement, depending on your state law, you may not have any right. You may claim it was a loan. He may claim it was a gift. If it was a loan, the amount may exceed what can be loaned without a written agreement and you are out of luck. You should have asked this question of a local lawyer before the money was paid out.