Promissory Notes If you're lending money to someone, be sure to use a promissory note.
A promissory note is a document evidencing a loan to someone. The note describes how much is being loaned, who the borrower and lender are, and what the terms for repayment will be.
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Frequent QuestionsWhat is a promissory note? A promissory note is a document which evidences an intent to borrow money from a lender, as well as a willingness on behalf of the lender to lend the money. In the note the borrower promises to pay back the money to the lender at a certain interest rate and by a certain date.
What is usury? Usury is the charging of unusually high interest. In some states this is illegal.
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Acknowledgment of Service Administrator Advancement Alternative Dispute Resolution Annual Meeting Annuity Answer Arbitration Articles of Incorporation Assets Assignment Assignment of Wages Authorized Shares Beneficiary Bequeath Bequest Business Entity Bylaws C Corporation Certificate of Authority Certificate of Incorporation Charitable Corporation Charter Close Corporation Co-Petitioner Codicil Collective Mark Common Stock Community Debts Community Property Complaint Consent Agreement Copyright Copyright Infringement Corporation Corpus Covenant Marriage Custodial Parent Custodian DBA Decedent Decree Default Defendant Descendant Devise Devisee Directors Disclosure Discovery Dissolution Dividend Docket Domestic Corporation Durable Power of Attorney EIN Employer Identification Number Entity Equitable Distribution Estate Estate Tax Executor Fault Divorce Fiscal Year Foreign Corporation Foreign National Grantor Grounds Guardian Guardian ad-Litem Health Care Directive Health Care Power of Attorney Health Care Proxy Heir Holographic Will Immigrant Visa Incorporator Infringement Inheritance Tax Intellectual Property Inter Vivos Trust Interment Intestate Intestate Succession Irrevocable Living Trust Joint and Survivor Annuity Joint Life Annuity Joint Tenancy with Right of Survivorship Judgment Lease Legal Custody Legal Grounds Legal Separation Legatee Lessee Lessor Limited Liability Company Limited Liability Partnership Limited Partnership Living Trust Living Will LLC Manager Mandatory Wage Assignment Marital Property Mediator Minutes Month-to-Month Motion National Naturalization Nisi No-fault Non-Custodial Parent Non-Immigrant Visa Non-Profit Corporation Nuncupative Will Officer Operating Agreement Order of Assignment Order to Show Cause Par Value Parent Corporation Parenting Plan Partner Support Partnership Party Patent Per Capita Distribution Per Stirpes Periodic Tenancy Petition Petitioner Physical Custody Plaintiff Post Nuptial Agreement Power of Attorney Preferred Stock Premarital Agreement Prenuptial Agreement Pro Per Pro Se Probate Process Server Professional Corporation Professional Limited Liability Company Proxy Public Corporation QDRO Qualified Domestic Relations Order Quorum Real Property Registered Agent Registered Office Residency Resident Witness Residuary Respondent Response Revocable Living Trust S Corporation Self-Proving Affidavit Separate Debt Separate Property Separation Service Service Mark Settlement Agreement Settlor Share Single Life Annuity Sole Proprietorship Spousal Maintenance Spousal Support Statutory Agent Stock Stock Certificate Subleasing Subsidiary Corporation Successor Trustee Summons Tenancy Tenancy in Common Tenant Testament Testamentary Testamentary Trust Testate Testate Succession Testator Trademark Trust Trustee Trustor Unconscionable Uncontested Divorce Undue Influence Unlawful Detainer Verification Visa Visitation Will Witness