The Demand for bond increase in Houston is a legal form used to acknowledge a borrower’s indebtedness to a lender. This document specifies the amount owed, the interest rate, and the conditions for repayment. It is designed to be filled out by the individual borrowing money, providing their personal details as well as the lender's information. The form includes a space for the date and a signature, which must be executed in front of a notary public to validate the agreement. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in financial transactions or debt agreements. It assists in documenting loan agreements clearly and formally, ensuring legal enforceability in case of disputes. Additionally, it helps streamline communication between parties by outlining specific terms and expectations. It is crucial that users follow the filling instructions closely to avoid any potential legal complications.