Notes
Notes and Their Provisions the structure, requirements, and specific clauses governing the promissory note and the corresponding debt obligations. Here is a summary of the key concepts within this section: The Promissory Note The promissory note is a written document serving as evidence of a debt owed by one person to another, typically arising from the loan of […]
– Note
A note is a promissory note, a promise to pay a debt, evidence of a debt. A lot of people think a mortgage is a debt but it’s a security device. So is a deed of trust. To be a legal note, all you need is to identify the parties, who is paying the debt […]