How to Write a Promissory Note. A promissory note is a written agreement to repay a debt. Sometimes referred to as a note, this document is legally enforceable. Taking the time to learn how to write a promissory note, or write an IOU, will.
Douglas Whaley: Mortgage Foreclosures, Missing Promissory Notes, and the Uniform Commercial Code: A New Article
Sample promissory note for loans to family, friends
If you're lending to a relative or friend, you'll want to craft a written agreement. This free sample promissory note spells out how and when you are to be paid, and what happens if the borrower doesn't repay the loan