enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Mortgage note: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-note-does-211132255...

   For an example of a mortgage promissory note, refer to this template from the U.S. Department of ... are valid until the borrower pays off the mortgage and owns the property free and clear. ...

3. Promissory note - Wikipedia

   en.wikipedia.org/wiki/Promissory_note

   A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

4. Tangible property - Wikipedia

   en.wikipedia.org/wiki/Tangible_property

   Principally, these are documentary intangibles. For example, a promissory note is a piece of paper that can be touched, but the real significance is not the physical paper, but the legal rights which the paper confers, and hence the promissory note is defined by the legal debt rather than the physical attributes. [1]

5. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

6. Negotiable instrument - Wikipedia

   en.wikipedia.org/wiki/Negotiable_instrument

   According to section 4 of India's Negotiable Instruments Act, 1881, "a Promissory Note is a writing (not being a bank note or currency note), containing an unconditional undertaking, signed by the maker to pay a certain sum of money only to or to the order of a certain person or the bearer of the instrument". [14]

7. Restraint on alienation - Wikipedia

   en.wikipedia.org/wiki/Restraint_on_alienation

   Unlike disabling restraints, the effectiveness of the lawsuit does not prevent the transfer from being made. However, the Supreme Court says promissory restraints are not permissible. The promissory note discourages the person getting ready to sell the property which is the same effect as the disabling restraint. Forfeiture restraints

8. Holder in due course - Wikipedia

   en.wikipedia.org/wiki/Holder_in_due_course

   The rule is particularly problematic in the consumer debt context where a business offers to finance a consumer purchase by accepting a promissory note signed by a consumer for part or all of the balance in lieu of tender of the full cash price, then sells the note to a bank (technically, by selling an assignment of its rights in the note) in ...

9. AOL Mail is free and helps keep you safe.

   mail.aol.com/?icid=aol.com-nav

   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!