Contra Costa California Sample Letter transmitting Cancellation and Satisfaction of Promissory Notes

• Category: Promissory Notes - Satisfaction
• State: Multi-State
• County: Contra Costa
• Control #: US-0904LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Note — [Note Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally transmit the Cancellation and Satisfaction of Promissory Note for the loan agreement associated with [Note Number]. As per our previous agreement, this letter serves as an official request to cancel and satisfy the aforementioned promissory note. I would like to illustrate the key details and context surrounding the cancellation and satisfaction of the promissory note: 1. [Note Number]: Please make a note of the specific promissory note number that is being cancelled and satisfied. This will allow for accurate record-keeping and documentation. 2. (Optional) Type of Promissory Note: If there are different types of promissory notes involved, provide a brief description or categorization to ensure clarity. However, if there is only one type of promissory note, this section can be omitted. 3. Effective Date: The cancellation and satisfaction of the promissory note will be effective as of [Effective Date]. This date indicates when the loan agreement will be officially deemed null and void. 4. Loan Amount: Specify the original loan amount mentioned in the promissory note, ensuring there is no ambiguity about the financial obligations being cancelled. 5. Borrower and Lender Information: Clearly state the names and contact details of both the borrower (you) and the lender (recipient). This information helps identify the parties involved in the promissory note cancellation. 6. Conditions Met: Outline the conditions that have been met, leading to the cancellation and satisfaction of the promissory note. These conditions may include full repayment of the loan amount, adherence to payment terms, or any other agreed-upon terms. 7. Release of Obligations: Emphasize that by cancelling and satisfying the promissory note, all obligations and liabilities associated with the loan agreement are released or discharged. This serves as legal affirmation of the borrower's freedom from any outstanding debt. I kindly request that you acknowledge and confirm the receipt of this letter to ensure proper documentation of the cancellation and satisfaction of the promissory note. Please respond to this letter within [Number of Days] from the date of receipt. Should you have any questions or require further clarification, please do not hesitate to reach out to me at the contact details provided above. Thank you for your attention to this matter, and I appreciate your prompt response. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Note — [Note Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally transmit the Cancellation and Satisfaction of Promissory Note for the loan agreement associated with [Note Number]. As per our previous agreement, this letter serves as an official request to cancel and satisfy the aforementioned promissory note. I would like to illustrate the key details and context surrounding the cancellation and satisfaction of the promissory note: 1. [Note Number]: Please make a note of the specific promissory note number that is being cancelled and satisfied. This will allow for accurate record-keeping and documentation. 2. (Optional) Type of Promissory Note: If there are different types of promissory notes involved, provide a brief description or categorization to ensure clarity. However, if there is only one type of promissory note, this section can be omitted. 3. Effective Date: The cancellation and satisfaction of the promissory note will be effective as of [Effective Date]. This date indicates when the loan agreement will be officially deemed null and void. 4. Loan Amount: Specify the original loan amount mentioned in the promissory note, ensuring there is no ambiguity about the financial obligations being cancelled. 5. Borrower and Lender Information: Clearly state the names and contact details of both the borrower (you) and the lender (recipient). This information helps identify the parties involved in the promissory note cancellation. 6. Conditions Met: Outline the conditions that have been met, leading to the cancellation and satisfaction of the promissory note. These conditions may include full repayment of the loan amount, adherence to payment terms, or any other agreed-upon terms. 7. Release of Obligations: Emphasize that by cancelling and satisfying the promissory note, all obligations and liabilities associated with the loan agreement are released or discharged. This serves as legal affirmation of the borrower's freedom from any outstanding debt. I kindly request that you acknowledge and confirm the receipt of this letter to ensure proper documentation of the cancellation and satisfaction of the promissory note. Please respond to this letter within [Number of Days] from the date of receipt. Should you have any questions or require further clarification, please do not hesitate to reach out to me at the contact details provided above. Thank you for your attention to this matter, and I appreciate your prompt response. Sincerely, [Your Name]