Get free example sample templates in word format and learn how to write a good master promissory note. A Promissory Note Form is one very crucial document in a money lending agreement that serves as a guide for both the lender and the borrower. The document spells out the intended time a person will make some payment to another person. It therefore brings about certainty and indicates the exact amount that must be paid.
The form is legally recognized and the failure by the maker to pay the amount at the agreed time will be a violation of the terms of the promissory note and would force him or her to pay for the breach. The form generally contains the basic information that the person promising to pay must write down.
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