Does anyone have a template of a sellers note?

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September 12, 2025

by a searcher from Iowa State University of Science and Technology in Chicago, IL, USA


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Reply by a searcher
from Harvard University in Washington, DC, USA
Frankly these Seller Notes are just as boiler plate as the other instruments in search acquisitions. The folks pushing PACT docs might chime in here ^redacted‌ and ^redacted‌ and ^redacted‌
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from University of South Carolina in Savannah, GA, USA
Seller’s notes are usually handled by an attorney because they’re legal loan agreements between a buyer and a seller, and getting them right matters more than people think. If you’re only looking for an example to see how they’re structured, you can take a look at some sample clauses here: (https://www.lawinsider.com/clause/seller-note). You’ll notice the usual ingredients like interest, repayment terms, and what happens if things go sideways, but remember that’s just the skeleton. When it comes to a real deal, having a lawyer draft the document is the safest way to make sure both sides are protected and nobody ends up with nasty surprises.
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