Legal Question in Credit and Debt Law in New York
Does a signed promissory note stating repayment of a loan have to have been notarized to be "legal"?
Asked on 8/08/12, 6:01 pm
1 Answer from Attorneys
Paula McGill
Paula McGill Attorney at Law
For a simple loan, no. A notary in a simple loan case merely confirms the person signing the note is the debtor. It's easier to submit in court as evidence if the document is notarized.
Also licensed and practicing in New York.
Answered on 8/12/12, 12:07 am