Balloon Release With Note In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00425BG
Format:
Word;
Rich Text
Instant download
Description
The Balloon Release with Note in Contra Costa is a legal document that outlines the terms of a loan agreement between the borrower and the lender. This document specifies the total loan amount, interest rate, and repayment structure, which includes monthly installments and a final balloon payment. Users must fill in details such as the lender's name and address, loan amount, payment amounts, and dates of payment. It is crucial for users to ensure they complete this form accurately to avoid any potential legal issues. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form in various scenarios, including personal loans, business financings, or real estate transactions. Additionally, the note addresses details about default, prepayment penalties, and the secured nature of the note through a Deed of Trust. This ensures both parties are aware of their rights and obligations throughout the loan term. The form serves as a clear and structured way to document lending agreements while adhering to applicable usury laws.
Free preview
