Legal Question in Banking Law in Arizona
Promissory Note
My ex-husband and I signed a promissory note stating I would pay him $50,000 within one year of our divorce for the equity in our home. The note was not notarized or witnessed and signed only by us. The real estate was awarded to me solely in the divorce, without any type of payment to my ex. Is the promissory note legal and binding?
Asked on 5/04/06, 2:47 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Promissory Note
Yes
Answered on 5/04/06, 4:11 pm
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