Promissory Note Forms
Loaning money to someone? Selling a business or property on payment terms? Make sure you get paid - get the borrower or buyer to sign one of these Promissory Note Forms.
A promissory note is a promise by the borrower to pay back the money at the agreed rate of interest by a specified date. Once it is signed, it is a legally binding contract. Some jurisdictions require a promissory note to be executed in front of a notary.
Polonius said 'Neither a borrower nor a lender be. For oft loan loses both itself and friend.' Good advice! However, if you do plan to lend money to anyone (including family and friends), then put it all in writing and signed before you hand over a penny. Otherwise you run a very significant risk of never seeing your money again.
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Promissory Note with Monthly Payments, Compound Interest | Canada
Set up a series of monthly payments for a borrower under a Promissory Note with this template form for Canada.
- The principal and interest are to be repaid in equal monthly installments.
- Interest is calculated and compounded monthly.
- Any amount of principal and/or interest not paid on time bears interest at the same rate as the loan balance.
- You can use this legal form template anywhere in Canada except the Province of Quebec.
- This form is downloadable, editable and reusable.
$2.29
Promissory Note with Monthly Payments, No Penalty | Canada
When you lend money, be sure you get paid back. Get the borrower to sign this Promissory Note form for Canada.
- This is a Canadian legal form that can be used anywhere in Canada. Quebec law may require a French language version.
- The borrower agrees to repay the debt in equal monthly payments of combined principal and interest, with the balance due on the maturity date specified in the Note.
- The borrower has the option to prepay the outstanding balance at any time without penalty. No early payment fee or premium will be charged.
- Available in MS Word format. Editable and reusable.
$1.99
Promissory Note, Settlement Agreement and Guaranty | USA
Settle a past debt and get a promise for payment with this downloadable USA Promissory Note, Settlement Agreement and Personal Guaranty.
- This legal document is really three documents in one:
- Under the promissory note section, one party promises to pay the other party a settlement amount by making a series of payments. The date and amount of each payment are set out in a table.
- Under the terms of the Settlement Agreement, the two parties set out their respective claims for amounts owed by one to the other for invoices, set-offs, etc.
- Under the Personal Guaranty, a guarantor guarantees payment of the settlement amount. The guaranty is reduced against the guarantor with each payment made under the Settlement Agreement.
- The agreement is governed by the laws of the United States and is intended for use only within the USA.
- Available in MS Word format.
$12.49
Purchase Money Promissory Note for Real Estate Purchase
If you are selling a real estate property and allowing the buyer to pay part of the purchase price over time, secure payment of the outstanding balance with this Purchase Money Promissory Note.
- 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, meaning if the maker defaults in a payment, the entire balance together with interest becomes immediately due and payable.
- Get the Purchase Money Promissory Note signed at the same time that the other documents for the real estate purchase are executed by the buyer.
$6.29
Revolving Loan Promissory Note | USA
Create a promissory note for repayment of a revolving loan with this customizable template for credit facilities.
- The Note is secured by a Security Agreement.
- The entire loan amount plus interest becomes payable if an event of default occurs.
- The prevailing party in a legal action is entitled to costs, including reasonable attorneys' fees.
- The Note can be used throughout the United States.
- Available in MS Word format, reusable and fully editable.
$6.49
Term Promissory Note | Canada
Secure the repayment of a loan with this Term Promissory Note template for Canada.
- The Note allows the borrower to repay the loan amount in regular payments of blended principal and interest.
- The interest is calculated monthly and compounded yearly.
- This is a reusable legal form. Buy it, download it, re-use it as often as you require.
- Available in MS Word format.
- Intended for use only in Canada.
$1.99
USA Demand Promissory Note
Before you lend someone money, even if it's someone you know really well, you should have them sign a promissory note - like this downloadable Demand Promissory Note form.
- This is a simple form of Note that can be used throughout the United States.
- The note is payable on demand.
- The debt can be prepaid at any time without any prepayment penalty being charged.
- Simple interest is charged on the outstanding balance.
A Promissory Note is exactly what it sounds like - a promise to pay - and it's enforceable in court. Download the form right after you purchase it.
$2.29
USA Demand Promissory Note for Interest-Free Loan
Get this USA Demand Promissory Note signed by a borrower to whom you are making an interest-free loan.
- You can use this form in any U.S. state.
- This is the kind of Promissory Note in connection with any loan for which no interest is being charged.
- No bonus or penalty will be charged if the borrower repays the loan early.
To download the Promissory Note form, add it to your cart and check out using your preferred method of payment.
$2.29
USA Installment Note with Prepayment Fee
This form of Installment Promissory Note provides for fixed non-variable payments and a prepayment fee if the loan is paid out early.
- This legal form template can be used anywhere in the United States.
- The Note is secured by collateral belonging to the borrower.
- The borrower promises to repay the debt by a series of regular fixed installment payments.
- If the borrower elects to pay the debt earlier than the due date, the lender will charge a prepayment premium (fee).
- The Note contains an acceleration clause. If the borrower defaults in making a payment when it is due or becomes bankrupt or insolvent, the entire balance together with interest becomes immediately due and payable.
As a lender, your loan paperwork can be much easier to prepare if you download this USA Installment Note template. Add it to your cart and check out.
$12.49