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A magnifying glass is held over a printed newspaper or book, focusing on several small, paper cutouts shaped like different types of houses and buildings.

What is a Note?

Real Estate Dictionary

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A unilateral agreement containing an express and absolute promise of the signer to pay to a named person, or order, or bearer, a definite sum of money at a specified date or on demand. Usually provides for interest and, concerning real property, is secured by a mortgage or trust deed.