23 Simple Promissory Note Template

Written By Anonymous Friday, January 22, 2016 Add Comment Edit

A promissory note is just a simple promise made by the debtor to the creditor to pay off the debts or credit they have taken. 27 simple promissory note templates google docs ms word apple pages a promissory note template is a financial legal instrument in which one party promises in writing to pay a determinate sum of money to the other either at a fixed or determinable future time or on demand of the payee under specific terms.

22 Printable Promissory Note Template Forms Fillable

These promissory note templates are simple to use and have everything in it that you might need to keep up on the transaction.

Simple promissory note template. One can use promissory note template word when giving away money to a family member or any other person for short period of time. Therefore the lender and borrower dont necessarily need legal knowledge to be able to fill one in. This agreement contains a payer who is actually the maker of the promissory note and the payee who is the lender.

Creating a promissory note. Download free promissory note templates. A promissory note is a legally binding document so it makes sense to want to do it right the first time.

To understand the format a look at a simple promissory note template you will notice the parties should fill the following details. Names of both issuer and buyer date location and signatures of both parties. In this legal document one party promises to pay another involved party specific sum of money on mentioned time date or on demand.

Borrower agrees and promises to pay to lender the sum of dollars for value received with interest at the annual rate of payable after date. Unlike most contracts promissory notes arent typically long and complicated and rather short and simple. By using these promissory note templates you are letting each person involved in the transaction know that it is a serious transaction and that payment needs to be paid back at the time specified.

Simple Promissory Note Fill Online Printable Fillable