Financial

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.

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.

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.

Use this Purchase Agreement to transfer a mortgage and promissory note from one lender to another.

• The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
• The buyer will pay for all closing costs, including report and appraisal fees, title examination and insurance.
• If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
• The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation made by the seller.
• The seller sells and assigns the note and mortgage without recourse, and the seller assumes no responsibility or liability with respect to the mortgagor's financial performance.
• Available in MS Word format.
• The form can be used throughout the United States.

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.

Set up a Qualified Settlement Funds Trust under U.S. bankruptcy laws with this downloadable template.

• This is an irrevocable trust that cannot be revoked once it is established.
• A QSF trust is created under Section 468B of the Internal Revenue Code, following the filing of a Chapter 11 bankruptcy petition by a debtor.
• A trustee is appointed to hold the assets and proceeds of the debtor until such time as the trustee settles with the creditors.
• This form of trust allows the debtor to liquidate appreciated assets, pay the proceeds into trust for the benefit of the creditors and take a current income tax deduction for the payment.
• Available in MS Word format.
• Governed by the laws of the United States.

Sell furniture, equipment and other chattels with this Quitclaim Bill of Sale form.

• The chattels are being sold to the buyer subject to any existing liens or encumbrances.
• The seller does not give any warranties with respect to the items being sold.
• The goods are being sold AS IS, WHERE IS.
• A Quitclaim Bill of Sale is used to transfer a number of items, often as part of a larger transaction, such as the sale of a business.

You can download the Quitclaim Bill of Sale form, print it, fill it in and sign it in just a few minutes.

Prepare a Real Estate Investment Management Agreement with this easy-to-use template for the USA.

• The two parties to the Agreement are a real estate investment trust which holds a variety of mortgages, properties and investments, and a management firm which will manage the assets and investment portfolio.
• The management firm will be responsible for purchasing loans, investing funds, loan servicing, underwriting, appraisals, and other administrative duties.
• The Agreement is not State-specific and can be used throughout the United States.
• Available as a downloadable MS Word document, fully editable to meet your specific needs.

Did you know that if you have an auto accident and your insurance company negotiates a settlement with the other party, they may still have the right to take legal action against you? Protect yourself with this Release and Reservation of Rights form.

• You should get this release signed at the same time that the insurer pays out the settlement to the other party.
• The releasing party acknowledges that they are accepting the settlement payment as a full settlement of all claims.
• The releasing party releases and indemnifies you and your insurance company from any further claims, damages, and actions arising out of the automobile accident.
• The releasing party reserves their right to make a claim against any other person.
• The Release and Reservation of Rights form is available as a MS Word download. Other formats available on request.

Renounce your interest in a fixture which was used as collateral for a loan or credit facility with this easy-to-use form for Canadian lenders.

• This form of notice is given by a secured party to give up its security interest in a defaulting debtor's fixture after the outstanding debt has been paid by another party who also has an interest in the fixture (such as a landlord).
• This form can be used in any Canadian province or territory.
• The form is a downloadable Microsoft Word document.