Free Sample Promissory Note Form Template. These promissory note templates are simple to use and have everything in it that you might need to keep up on the transaction. A Secured Promissory Note is a document that allows a Lender to lend money with the added insurance of having assets property to be handed over to them in the chance the Borrower defaults.
A Promissory Note is also considered to be a type of written agreement. A promissory note is a written promise issued by a borrower to a lender stating that the borrower will pay the stated amount of money at a later date. Select a free printable promissory note in PDF format from the template list.
These promissory note templates are simple to use and have everything in it that you might need to keep up on the transaction.
In most cases, a handwritten Promissory Note signed by both parties will stand up in court.
Promissory Notes are governed by Article III of the Uniform Commercial Code (the "UCC"). If you are about to lend some money to somebody and you don't know how to format a right promissory note, opt for free promissory note template sample. Download link for this Promissory Note Form.