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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 Rhode Island according to your state's specific rules and regulations.

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Rhode Island Promissory Note: What Is It?

A Rhode Island promissory note is an agreement to repay a loan between two parties: the creditor and the debtor. A Rhode Island promissory note should include the amount of the loan, the amount for the monthly installments, the due date for the payments, and what the creditor will do if the debtor doesn't pay.

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Sample Rhode Island Promissory Note

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