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A Delaware promissory note template is a document created to bind two parties into a contract to help ensure a loaned balance is paid in a timely manner. In the agreement, both the lender and borrower agree on various details of the loan, such as the payment method, the interest rate, late fees, the time…

A Delaware unsecured promissory note is very similar to the secured version, except in the amount of security given to the lender in the transaction. Incorporated into the document are sections that require both parties to agree on the full balance, the interest rate, and various fees resulting from penalties. The lender should be aware that…

A Delaware secured promissory note gives legal structure for loans between two parties and increases the lender’s security in the transaction. Both parties need to agree on the full balance being loaned, the interest rate associated with the balance, and other information such as the payment structure and cost of late fees.

A Delaware small estate affidavit is a legal document that enables an heir or beneficiary of a will to collect property that formerly belonged to a person who has died, known as a decedent. For example, it allows a person to claim ownership from a person’s estate if they have a boat, ATV, or motor…

A Delaware last will and testament is a document used by a testator (person to whom the will belongs) to ensure their estate is distributed according to their wishes after their death. In the State of Delaware, laws regarding the making of a will are governed by the Delaware State Code. In order for a…

Delaware deeds are used when there is a transfer or conveyance of real estate in Delaware. A seller, also known as a grantor, conveys his or her interest in the property to a buyer, also known as a grantee. There are different types of deeds depending on the type of conveyance or transfer. A warranty…

A Delaware general warranty deed is used to convey or transfer real property from one person to another. A general warranty deed actually provides a form of guarantee from the seller (or grantor) to the buyer (or grantee) that the title to the property has no defects. This means that the seller is guaranteeing there…

A Delaware special warranty deed is used to transfer land and buildings to another person or entity. It does not guarantee that there is clean title going back past the current owners – only that the current owners have not transferred their interest in the property to anyone or otherwise encumbered the property. As in…

A Delaware quit claim deed is a deed used by a seller of real estate to transfer his or her interest to a buyer of real estate. Unlike a warranty deed, this type of deed does not include a guarantee that the property is free from other interests. Rather it merely states that the seller…

The Delaware living trust allows a Grantor (creator of trust) to delegate their assets to an entity that is set aside for Beneficiaries to receive upon the death of the Grantor. By creating a trust, the Grantor ensures that the Beneficiaries will avoid the probate process and receive the Grantor’s assets immediately after they pass…