if someone gifts something to someone and they are unwilling to accept it, therefore executes a promissory note for the value of the gift. will that promissory note be enforceable? Reply Follow 4 Replies Nida Khatri 15 October 2020 A gift deed is appropriate. A prommissory note confirms a ...
Promissory Note as a Substitute for Money, The 来自 Semantic Scholar 喜欢 0 阅读量: 21 作者: JS Waterman 摘要: Promissory notes are almost invariably described in judicial opinions and in legal texts as being either substitutes for money,'representatives of money, 2 contracts circulating like ...
Giving the Gift of Property, One Promissory Note at a TimeBenny L. Kass
Co-signors of the Note are equally responsible for repayment of the loan.Guarantors will enter into a separate guaranty agreement with the lender.The Fine PrintBefore you enter into a personal loan agreement or sign a promissory note (or even an IOU), be sure that you understand the ...
Commercial lenders are far more likely to require this than are family members and other personal lenders. Promissory Note -- Equal Monthly Payments If you've ever taken out a mortgage or car loan, you're familiar with this arrangement. The note requires you to pay the same amount each ...