Promissory Note (Joint & Several)
This Promissory Note (Joint and Several) is a simple way of acknowledging a debt. It is a legally binding
As a general principle, for promissory notes, the law presumes (contrary to the usual rules of contract) that consideration is provided. Thus it is not necessary to execute a promissory note as a deed.
The debt recorded by this Promissory Note is unsecured.
This Promissory Note should be used when there is more than one party involved in the repayment of the principal amount to the payee. To this
If this legal effect is not desired, please refer to the range of different Promissory Notes available for download - document links can be found below right.
This Promissory Note (Joint and Several) is
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