Tuesday, November 18, 2014

What is the Legal status of a written and signedpersonal loan but not notarized?

Question

What is the Legal status of a written and signed

personal loan but not notarized?



Answer

Notorization is not required except in very limited circumstances, such as documents affection property.



Answer

Notarization is not required to make a written agreement regarding a loan legally enforceable.



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