tiktok成人版

Short Form Promissory Note Template for Germany

A Short Form Promissory Note under German law (Schuldschein) is a legally binding financial instrument that documents a promise to pay a specified sum of money under defined terms. Governed by the German Civil Code (BGB), particularly 搂搂 780-782, this document represents a straightforward but formal acknowledgment of debt, including essential elements such as the parties' details, the principal amount, payment terms, and any applicable interest provisions. The document's simplified format makes it particularly suitable for straightforward lending arrangements while maintaining legal enforceability under German jurisdiction.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Short Form Promissory Note?

The Short Form Promissory Note is a fundamental debt instrument used in German business and financial transactions. It serves as a simplified yet legally robust documentation of debt obligations, commonly used in both commercial and private lending scenarios. This document type is particularly valuable when parties need a straightforward but formal record of a debt obligation without the complexity of a full loan agreement. Under German law, the promissory note (Schuldschein) must contain specific elements to be legally valid, including an unconditional promise to pay, clearly identified parties, and specified payment terms. It is frequently used in business financing, private lending arrangements, and as evidence of debt in commercial transactions. The document's structure follows German legal requirements while maintaining flexibility to accommodate various financial arrangements.

What sections should be included in a Short Form Promissory Note?

1. Date and Place of Issuance: The date and location where the promissory note is executed, which is crucial for legal validity

2. Parties: Clear identification of the Promisor (debtor) and Promisee (creditor), including full legal names and addresses

3. Promise to Pay: Unconditional promise to pay a specific sum of money, clearly stating the principal amount in both numbers and words

4. Payment Terms: Specific details about when and how the payment will be made, including due date, interest rate (if any), and payment method

5. Governing Law: Statement that the note is governed by German law

6. Signature Block: Space for the Promisor's signature, date of signing, and any required witness signatures

What sections are optional to include in a Short Form Promissory Note?

1. Interest Provisions: Details of interest calculation and payment if the note bears interest - optional but recommended for interest-bearing notes

2. Prepayment Terms: Terms allowing early payment of the note, including any penalties or bonuses - include if early payment is to be permitted

3. Default Provisions: Consequences of default and any acceleration clauses - recommended for higher-value notes

4. Transfer Rights: Terms regarding the transferability of the note - include if the note should be transferable

5. Security: Description of any collateral or security for the note - include if the note is secured

What schedules should be included in a Short Form Promissory Note?

1. Payment Schedule: If payments are to be made in installments, a detailed schedule of payment dates and amounts

2. Security Details: If the note is secured, details of the collateral or security arrangement

3. Calculation Methods: If interest is variable or complex, detailed explanation of calculation methods

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Germany

Document Type

Promissory Note

Sector

Banking

Cost

Free to use

Find the exact document you need

Negotiable Instrument Promissory Note

A German law-governed financial instrument containing an unconditional promise to pay a specified sum, which can be transferred between parties and is regulated under the Wechselgesetz.

Download

Basic Promissory Note

A German law-governed formal promise to pay a specified sum of money, structured as a Schuldschein (promissory note) with defined payment terms and parties.

Download

Simple Promissory Note

A German law-governed written promise to pay a specified sum of money, structured according to BGB requirements.

Download

Straight Note Loan

A German law loan agreement where interest is paid periodically and principal is repaid as a lump sum at maturity.

Download

Secured Demand Note

A German law-governed debt instrument that combines on-demand payment features with security over specified collateral.

Download

Debt Promissory Note

A German law Debt Promissory Note (Schuldschein) documenting a bilateral loan agreement, combining features of both a loan and a negotiable instrument under German legal requirements.

Download

Bill Of Sale With Promissory Note For Automobile

A German law-governed agreement combining vehicle sale terms with a promissory note payment arrangement for automobile purchase and financing.

Download

Installment Promissory Note

A German law-governed debt instrument documenting installment repayment terms and conditions between a debtor and creditor.

Download

International Promissory Note

A German law-governed promissory note containing an unconditional promise to pay a specific sum in an international context, complying with both German and international legal requirements.

Download

Loan Note

A German law debt instrument documenting a bilateral loan agreement between a borrower and lender, combining features of both a loan agreement and a transferable security.

Download

Standard Promissory Note

A German law-governed Standard Promissory Note (Schuldschein) documenting an unconditional promise to pay a specified sum of money, subject to German Civil Code requirements.

Download

Promissory Note Without Interest

A German law-governed financial instrument containing an unconditional promise to pay a specified sum without interest, regulated by the Wechselgesetz.

Download

Promissory Deed

A German law Promissory Deed (Schuldschein) documenting an unconditional promise to pay a specified sum of money, subject to BGB requirements.

Download

Promise Promissory Note For Hospital Bill

A German law-governed promissory note documenting a patient's formal commitment to pay outstanding hospital bills, with specified payment terms and conditions.

Download

Hospital Bill Promissory Note

A German law-governed promissory note documenting a patient's commitment to pay outstanding hospital bills, establishing payment terms and conditions in compliance with German healthcare and consumer protection regulations.

Download

Government Promissory Note

A German law-governed debt instrument representing a direct obligation of the Federal Republic of Germany, establishing terms for government borrowing through bilateral loan arrangements.

Download

Balloon Promissory Note

A German law-governed debt instrument documenting a loan with regular payments and a larger final balloon payment, structured according to German civil law requirements.

Download

Simple Note Payable Agreement

A German law-governed debt instrument documenting a promise to pay a specified sum with defined terms and conditions, compliant with BGB requirements.

Download

Senior Promissory Note

A German law-governed Senior Promissory Note (Schuldscheindarlehen) establishing terms for senior-ranking debt obligations between issuer and noteholder.

Download

Recourse Promissory Note

A German law-governed debt instrument containing a promise to pay a specified sum with recourse rights against additional parties if the primary debtor defaults.

Download

Promissory Note With Collateral

A German law-governed debt instrument (Schuldschein) containing an unconditional promise to pay combined with security interests in specific collateral assets.

Download

Non Recourse Promissory Note

A German law-governed debt instrument that limits the lender's recovery rights exclusively to specified collateral, structured as a Schuldschein under the German Civil Code.

Download

Note Agreement

A German law-governed agreement establishing terms and conditions for the issuance of debt instruments (notes), including financial terms, rights, and obligations of all parties.

Download

Loan Promissory Note

A German law debt instrument combining a loan agreement and promissory note, providing a streamlined approach to corporate financing under the German Civil Code.

Download

Promissory Note Secured By A Deed Of Trust

A German law-governed secured lending document combining a promissory note with a deed of trust as security over real property.

Download

Credit Card Promissory Note

A German law-governed debt instrument documenting a cardholder's promise to pay an outstanding credit card balance, incorporating consumer protection requirements.

Download

Personal Promissory Note

A German law-governed formal written promise to pay a specific sum of money, structured according to BGB requirements and enforceable under German jurisdiction.

Download

Short Term Unsecured Promissory Note

A German law promissory note documenting an unsecured short-term loan agreement between lender and borrower, governed by BGB provisions.

Download

Secured Demand Promissory Note

A German law-governed financial instrument combining an unconditional promise to pay on demand with security interests in specified collateral.

Download

Business Promissory Note

A German law-governed financial instrument representing an unconditional promise to pay a specified sum of money, commonly used in commercial transactions.

Download

Vehicle Promissory Note

A German law-governed promissory note establishing payment terms and security interest for a vehicle purchase, compliant with BGB requirements.

Download

Time Note Loan

A German law-governed loan agreement documenting terms for a fixed-term lending facility with specified repayment dates and interest calculations.

Download

Short Form Promissory Note

A German law-governed financial instrument documenting a formal promise to pay a specified sum of money, structured as a simplified but legally binding debt acknowledgment.

Download

Home Loan Promissory Note

A German law-governed promissory note document establishing terms and conditions for a residential property loan, including principal, interest, and security arrangements.

Download

Forgivable Promissory Note

A German law-governed debt instrument combining a standard promissory note with provisions for conditional debt forgiveness.

Download

90 Day Promissory Note

A German law-governed financial instrument containing a written promise to pay a specified sum after 90 days, structured according to German legal requirements.

Download

Standard Promissory Note Unsecured

A German law-governed unsecured promissory note (Schuldschein) documenting a binding promise to pay a specified sum under defined terms.

Download

Pledge Note

A German law-governed security document (Pfandschein) evidencing the creation of a pledge over specified assets as security for obligations.

Download

Individual Promissory Note

A German law-governed written promise to pay a specified sum of money, creating a legally binding payment obligation between the maker and payee under the German Civil Code (BGB).

Download

Credit Promissory Note

A German law Credit Promissory Note (Schuldschein) documenting a bilateral loan agreement with simplified documentation compared to traditional loan agreements.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it