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Release of Promissory Note
Release of Promissory Note
End your obligations under a Promissory Note (IOU form) after a debt is paid with this release form and reduce the likelihood of future legal issues arising.
In Nolo's signature plain-English style, you'll get thorough instructions for completing the release, as well as instructions for signing the form.
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End your obligations under a Promissory Note (IOU form) when the debt's been paid with a release form
Once a borrow has paid off a debt to you under a Promissory Note, you'll want to definitively end both parties' obligations under the note. This clear and straightforward form, Nolo's Release of Promissory Note, will help reduce the likelihood of future legal issues arising from the repayment of a debt.
In Nolo's signature plain-English style, you'll get thorough instructions for completing the release, as well as instructions for signing the form.
Plus, you'll receive instructions for how to cancel liens on property that the borrower used to secure the property, and how to have your document notarized to avoid later challenges to its validity.
