Bill Of Sale Promissory Note Template

According to the dictionary a promissory note is a document that contains a promise to pay a specific amount of money to a certain person on demand or until a due date.

Bill of sale promissory note template. Auto bill of sale form. 6 promissory note templates. In this case likely in monthly installments. Although the promissory note is separate from the bill of sale the documents should be kept together in your records.

The payment as an cashiers checkmoney order or cash as in a down payment for the vehicle along with the signed the promissory note for the balance of the total purchase price. A certification someone has bought and promises to pay for your car. This type of document is frequently used in business transactions and loans of all kinds. So a bill of sale for an automobile with a promissory note is what you might expect from the very long name.

00 rating based on 12345 ratings. Fill in the amount of the promissory note and the amount of any down payment. A promissory note is a promise to pay. The enclosed bill of sale assumes that the buyer will make a series of monthly payments rather than paying all at once.

Download document in microsoft word file format. A bill of sale transfers ownership from seller to buyer. Fill in the amount of the promissory note and the amount of any down payment. A seller of an automobile or any other type of vehicle van motorcycle truck or trailer that is willing to receive payments for the sale will require an automobilevehicle bill of sale in conjunction with a promissory note.

Although the promissory note is separate from the bill of sale the documents should be kept together in your records. Download document in microsoft word file format.