This form is a Promissory Note. The form provides that this promissory note is payable upon demand. The agreement also provides that there will be no pre-payment penalty on the note.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Yes, a promissory note can usually be transferred or sold to another party, but you'll want to check the terms and make sure everyone is on the same page.
You can modify a promissory note, but both parties need to agree to the changes and sign off on the new terms. It's all about keeping everything above board.
Yes, a signature is typically needed to make the promissory note legally binding. It’s proof that you acknowledge the agreement.
Anyone can create a promissory note, as long as both parties agree on the terms. It can be individuals, businesses, or even organizations.
Trusted and secure by over 3 million people of the world’s leading companies