Tuesday, January 28, 2014

Should a promissory note be notarized for it to be legal?

Should a promissory note be notarized for it to be legal?
A promissory note is binding on the signer whether notarized or not. Notarization might offer some additional evidence should the signing of the note ever be denied in court. The note need not even be signed by both the creditor and debtor; the debtor's signature is sufficient to hold him liable under the note.

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