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PROPERTY DEED 45 / 51

Promissory Note

Understand the document, its simple definition and the legal reference provided in our document guide.

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DEED 45 OF 51

SIMPLE LEGAL DEFINITION

Promissory Note

Written instrument containing an unconditional undertaking to pay a certain sum of money.

Governing Act / LawNegotiable Instruments Act, 1881Important Section / ReferenceSec. 4

Important Information

The definition above is presented as general informational content from the Property Deeds service material. Applicable requirements may depend on the transaction, property, parties, jurisdiction and circumstances. For transaction-specific legal advice, consult an appropriately qualified professional.

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