Connecticut Note

Connecticut Installments Fixed Rate Promissory Note Secured by Residential Real Estate
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State:
Connecticut
Control #:
CT-NOTESEC
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Description

This is a form of Promissory Note for use where residential property is security for the loan. A promissory note is a written promise to pay a debt. An unconditional promise to pay on demand or at a fixed or determined future time a particular sum of money to or to the order of a specified person or to the bearer. A separate deed of trust or mortgage is also required.

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FAQ

When a promissory note is sold how is ownership transferred?

Do you have to charge interest on a promissory note?

Who holds the promissory note while it's being repaid?

Who creates the promissory note?

What should be included in a promissory note?

Who is the holder of a promissory note?

How do I fill out a promissory note?

How do you secure a promissory note?

How is interest calculated on a promissory note?

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