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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 South Dakota according to your state's specific rules and regulations.

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South Dakota Promissory Note: What Is It?

A South Dakota promissory note is a written agreement between two parties. The agreement between the creditor and the debtor is for the debtor to repay a loan that was provided by the creditor. A South Dakota promissory note should include the total amount of the loan, the monthly payment amount, and the due date. The document should be signed and dated by both the creditor and the debtor.

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