This form is a Promissory Note. The borrower promises to repay the lender, with interest, on a particular loan. The payments will be made in monthly installments and there is no penalty for pre-payment of the loan.
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 generally be transferred or sold to someone else. It’s like passing on a family heirloom; the new owner takes on the same rights.
If the buyer misses a payment, it can lead to serious consequences, like penalties or even legal action. It's important to keep communication open and try to work things out.
Yes, there are some basic legal requirements, like making sure the note is in writing and includes terms of payment. Think of it like a handshake, but on paper!
Using a promissory note can be great because it allows the buyer to make payments over time, which can ease the financial burden. Plus, it builds trust between the buyer and seller.
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Oklahoma City Oklahoma Venta de negocio - Pagaré - Transacción de compra de activos