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Truth in Lending Act (TILA): Federal law that requires clear disclosure of lending terms and costs to protect consumers in credit transactions

Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices and protecting debtors from abusive collection methods

Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, or age

State Usury Laws: State-specific regulations that set maximum interest rates and define what constitutes usurious lending practices

State Promissory Note Requirements: State-specific rules governing the format, content, and execution of promissory notes

State Landlord-Tenant Laws: State-specific regulations governing the relationship between landlords and tenants, including rental agreements and obligations

State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive business practices

UCC Article 3: Uniform Commercial Code article governing negotiable instruments, including promissory notes

UCC Article 9: Uniform Commercial Code article governing secured transactions and collateral

Principal Amount Requirements: Legal requirements for clearly stating the principal amount borrowed in the promissory note

Payment Terms Documentation: Requirements for documenting payment schedule, amounts, and methods in the promissory note

Default Provisions: Legal requirements for specifying consequences of default and remedies available to the lender

Acceleration Clause Requirements: Legal provisions allowing the lender to demand immediate full payment under specified circumstances

Late Payment Penalties: State-specific regulations governing late payment fees and penalties in rental agreements

Prepayment Terms: Legal requirements for stating whether early payment is allowed and any associated penalties

Statute of Limitations: State-specific time limits for bringing legal action to collect on the promissory note

Recording Requirements: State-specific rules for recording or filing secured promissory notes with appropriate authorities

Enforceability Requirements: Legal elements required to make the promissory note legally binding and enforceable in court