Promissory Note - Term w/ Joint & Several Liability (Canada)

1 Review

Promissory Term Note requiring that the principal and any interest is to be paid on a specific date.

For Immediate Download

$7.95 CAD Add to Cart
60-Day Money Back Guarantee
Please select a state

File types included

  • Microsoft Word
  • Adobe PDF
  • WordPerfect
  • Rich Text Format

Compatible with

  • Windows
  • Mac OS X
  • Linux

For Immediate Download

$7.95 CAD Add to Cart
60-Day Money Back Guarantee
Please select a state

Lawyer prepared

Our forms are kept up-to-date and accurate by our lawyers

Unlike other sites, every document on is prepared by a lawyer, so you can be sure that you are getting a form that is accurate and valid in Canada.

Verified in Canada

Our forms are guaranteed
to be valid in Canada

Our team works tirelessly to keep our products current. As the laws change in Canada, so do our forms.

Over 3,500,000
satisfied customers

In over 10 years of creating and selling legal forms, our focus has never changed: providing our customers high quality legal products, low prices and an experience that takes some confusion out of the law.

60-Days Money Back

Try our forms with no risk

If you are unhappy with your form purchase for any reason at all, contact us within 60 days and we will refund 100% of your money back.
When a person or entity (“Lender”) loans money to another person or entity (“Borrower”), the loan is typically formalized with a promissory note. A promissory note will set forth, among other things, the repayment schedule and the interest rate.

This particular Promissory Note requires the Borrower to pay off the entire principal amount of the note and any accrued interest on a specific date. It also includes language making the Borrowers "jointly and severally" liable for the debt.

This form includes special formatting features to assist you in completing the agreement.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28353
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Promissory Note(Joint and Several)
$CDN [Amount of Note (ie. $100,000)]   Due: [Payment Due Date under Note (ie. April 12, 2003)]
FOR VALUE RECEIVED, the undersigned, [Name of each Borrower under Note] (the “Borrowers”), hereby acknowledges themselves indebted to [Name of Lender under Note] (the “Lender”) and hereby jointly and severally promise to pay to or to the order of the Lender at [Address of Lender] or as otherwise directed in writing by the Lender, the principal sum of [Amount of Note (ie. $100,000)] with interest at the rate of [Interest Rate (ie. ten percent (10%) per annum)] as well after as before maturity. The entire principal sum shall be paid on [Payment Due Date under Note (ie. April 12, 2003)].
Dated this _____ day of ____________________, 20_____.
[Name of 1st Borrower]
[Name of 2nd Borrower]
You've found your form, but will you need others? If there are other related forms you may need in the future, it may be beneficial to look at our combo packages. On average, customers who purchase a combo package save 40% on the related forms they need. Take a look at the combo packages below to see if one is right for you.
Canadian Promissory Notes Form Combo Package Get 11 forms for just $44.95 CAD Save 61%! Popular - Save Money with this combo package containing all of our most popular Canadian Promissory Notes Forms

Customer Reviews

Average Rating: Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star

Reviews: 1

Palm Desert,


Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
The form was exactly what I needed and was easy to use and modify, and saved a few hours of drafting the document myself. I have recommmended to colleagues.

Looking for something else?