Are a mortgage and a promissory note the same
Are a mortgage and a promissory note the same?
A promissory note is one of the documents required for a mortgage, but it is not the same as a mortgage. A mortgage is a loan secured by real estate property. The promissory note is the loan docume...
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http://www.answerbag.com/q_view/2049120
Is a promissory note required for mortgage?
A promissory note, a written promise to repay a loan or debt under specific terms, is not required for a mortgage. However, they work together in a mortgage agreement. A mortgage document pledges o...
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http://www.answerbag.com/q_view/1942504
Is a promissory note a promissory estoppel?
Promissory estoppel is not a promissory note. Promissory estoppel occurs when a person relies on a promise and has an economic detriment due to the reliance on the promise. Due to the reliance on t...
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http://www.answerbag.com/q_view/2214023
How to Sue Over a Promissory Note?
A promissory note is a simple contract between two parties for repayment of a loan. If you lend money to another party and he chooses not to pay, you have the right to sue him in court to get your ...
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http://www.ehow.com/how_6460894_sue-over-promissory.html
What is a promissory note?
A promissory note is a promise to repay a debt, according to ExpertLaw.com. The note details the date that payments are due, along with specific terms agreed upon by the parties involved.The Basics...
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http://www.answerbag.com/q_view/1959736
