Does holder have the rights to add the words on demand on the face of the promissory note after making it?
Absolutely not. A promissory note cannot be altered by either party after it has been signed, unless both parties agree to the changes in writing and signed by both parties.Absolutely not. A promissory note cannot be altered by either party after it has been signed, unless both parties agree to the changes in writing and signed by both parties.Absolutely not. A promissory note cannot be altered by either party after it has been signed, unless both parties agree to the changes in writing and signed by both parties.Absolutely not. A promissory note cannot be altered by either party after it has been signed, unless both parties agree to the changes in writing and signed by both parties.
Related Q&A:
Who are the original parties to a promissory note?Well, let me tell you! The original parties to a promissory note are typically the maker and the payee. The maker is the person who promises to pay a certain amount of money at a specific time. Oh, and the payee is the person to whom the payment is owed. It's pretty straightforward, you know? For example, if you write a promissory note to your friend saying you'll pay them $500 next month, you're the maker and your friend is the payee. Simple as that!