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A promissory note is used when one party, the issuer, is making a "promise" to pay a certain amount of money to another party, known as the payee.

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This Lease Agreement is legally binding in Massachusetts according to your state's specific rules and regulations.

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Massachusetts Promissory Note: What Is It?

A Massachusetts promissory note is a written promise to repay a loan. A Massachusetts promissory note should include the amount of the loan, the amount of the payments, when the payments are due, what will happen if the debtor doesn't pay, and it should be signed by both parties.

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