Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

hand note

Read a random definition: aemulatio vicini

A quick definition of hand note:

A hand note is a written promise to pay money to someone else. It's like a special kind of letter that says "I promise to give you this much money." There are different types of hand notes, like ones that have to be paid all at once or ones that have small payments over time. Sometimes, people use things like their house or car as a promise to pay if they can't give the money back. Hand notes can also be short essays that explain or criticize a certain area of the law.

A more thorough explanation:

A hand note is a type of promissory note, which is a written promise to pay a certain amount of money to another party or bearer. It is a two-party negotiable instrument, unlike a draft which is a three-party instrument. A hand note is secured by a collateral note, which means that it is backed by a pledge of real or personal property as collateral.

For example, if someone borrows money from a bank and uses their car as collateral, the bank may require them to sign a hand note to ensure that they will repay the loan. If the borrower fails to repay the loan, the bank can seize the car to recover the money owed.

Hand notes are just one type of promissory note, and there are many other variations such as demand notes, installment notes, and mortgage notes. They are commonly used in business and personal transactions to provide a written record of a promise to pay.

hand money | handsale

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
no but i can tell you about independent and dependent conditions
15:55
under the bridge there be trolls
this guy at my school couldnt break into 160s after two months of studying so he decided to got to the police academy instead
[] baddestbunny
15:55
imagining a type of guy who thinks there's a really prestigious law school called Hys
15:55
Dk
go kys not hys
15:56
retweet
i'm stealing that that's so funny
15:56
not hys? kys!
15:56
need a colloquial abbreviation for the rest of the t14
[] baddestbunny
15:57
super excited to announce that I've finally committed to kys
hahahaha
[] baddestbunny
15:57
waspy I'm dying over here
[] baddestbunny
15:57
they got me on the phones
15:58
put yo pussy on tha phone
you became a slave so others could live free
15:58
im tryna hear sumn
not so limp anymore are we
[] baddestbunny
15:58
nah they got all my friends on the phones too
[] baddestbunny
15:59
nobody important is free
[] baddestbunny
15:59
in 1 minute I'll be on my twelfth hour of work today
Dkk
16:00
I will apply to Yale if it helps the cause.
damn that is a lot of hours
do you get off at 7pm?
Dkk
16:01
@TheAdoptedOne: he gave up too easily.
[] baddestbunny
16:01
8!
Mr. Bad Fumbla
Bag
Dkk
16:01
Commits to kys when I commit to kms the same day. What a crazy november 5th.
LSD+ is ad-free, with DMs, discounts, case briefs & more.