How do I word a Promissory note?

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How do I word a Promissory note?

A friend won't give me the Bill of Sale to the car I'm buying from her until I present her with one.

2007-07-11 06:38:33 · 2 answers · asked by Anglcake 5 in Politics & Government ➔ Law & Ethics

2 answers

A promissory note is a promise to pay money to another. If you have already paid you should not sign one. If she is taking back a promissory note for the car then use one of the forms you will find online. They will likely vary from state to state but the essential terms are that you promise to pay $x to the lender on whatever terms you agree with respect to interest and periodic payments.

2007-07-11 06:42:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Qty----------Item---------Cost

-1------------Car--------$xxxxx

----------------Total-----$xxxxx

pay up son

2007-07-11 06:43:34 · answer #2 · answered by Wocka wocka 6 · 0⤊ 0⤋