FREE Canadian Promissory Note - Demand

This free Canadian Promissory Note on Demand can be used in Canada when a person loans money to another person. It sets forth the amount and terms of the loan.

Disclaimer:This was not drafted by a attorney & should not be used as a legal document.



PROMISSORY NOTE- DEMAND

For value received, the undersigned [Name], ("the Borrower") hereby acknowledges that he shall be indebted to [Name of the Lender] and promises to pay, unconditionally to the Lender at [Address of the Lender] on demand by the Lender or as otherwise directed by the Lender in writing, the Principle sum of CAD $ [amount] in advance, both before and after demand, maturity, default and judgment until paid.

The Lender may assign his/her rights, title and interest under this Note. All payment required to be made hereunder shall be made by the Borrower without any right of set off or counterclaim.



DATE:



Borrower Lender:


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