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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 Washington according to your state's specific rules and regulations.

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Washington Promissory Note: What Is It?

A Washington promissory note is a legal agreement between a debtor and a creditor. The creditor gave a loan to the debtor and the document outlines the repayment agreements. If a Washington promissory note is made regarding real estate, it will be governed by Washington's UCC code.

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