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Disposition vs Deposition A "disposition" is the final ruling in the case; a "deposition" is a sworn statement under oath.

A deposition is testimony made under oath and taken down in writing by an authorized officer of the court, typically in an out-of-court setting and before trial.

6 Tips for Conducting a Deposition Fearlessly Be Confident. The first thing to remember when conducting depositions is maintain composure and confidence. ... Be Prepared. ... Use Bullet Points, But Don't Write an Extensive Outline. ... Study the Rules. ... Do Not Be Bullied. ... Review Your Work.

JF: A deposition is an opportunity for parties in a civil lawsuit to obtain testimony from a witness under oath prior to trial. It's part of the discovery process by which parties gather facts and information so they can be better prepared at trial to present their claims and defenses.

The property that secures a note is called collateral, which can be either real estate or personal property. A promissory note secured by collateral will need a second document. If the collateral is real property, there will be either a mortgage or a deed of trust.

Your lender will typically provide you with a copy of the promissory note, along with several other documents, when you close on your home purchase. The lender will keep the original promissory note until the loan is paid off.