Q: Is a promissory note better than a land installment contract? A: A land installment contract is a procedure whereby the property owner enters into a contract with a potential buyer. The buyer ...

Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate. The lender ...

QI own property in the District that is my principal residence and I also own a condominium in Virginia. My son, his wife and their baby live and rent my unit in Virginia. I would like to give them ...

Small businesses frequently borrow money, or extend credit, in the course of their operations. A promissory note is the document that sets forth the terms of a loan's repayment. A promissory note can ...