USA Purchase Money Promissory Note to Purchase Real Estate

If you are selling a real estate property and allowing the buyer to pay part of the purchase price over time, have the buyer sign this Purchase Money Promissory Note for USA transactions.

• The buyer will pay off the balance of the purchase price in regular installments, rather than having to come up with all of the purchase money in order to close the sale.
• The Note contains an acceleration clause, i.e. if the buyer defaults in making a payment, the entire balance together with interest becomes immediately due and payable.

This USA Purchase Money Promissory Note to Purchase Real Estate is available in MS Word format, and is fully editable to fit your specific circumstances.