Promissory Note Template Word Document Uk. A promissory note is just a simple promise made by the debtor to the creditor to pay off the debts or That being said, while creating the document, it is essential to spell out the repayment agreement. A promissory note, or "promise to pay", is a note that details money borrowed from a lender and the repayment structure.
The parties involved should note that the promissory notes are legally binding documents.
Fill in the blanks, modify the wording and format appropriately.
A promissory note template word doc is usually followed to format a legal agreement between a lender and debtor. Open and edit this fully customizable template with your favorite app or program that supports MS Word or Pages file formats. Promissory notes are utilized like a document to record the facts associated with loan transactions between two or more individuals.