%Framework_CoreFunctionality_UIText_ProcessingAltText%

Allonge to Promissory Note
(CA)


Summary

This allonge to promissory note may be used by an existing lender to transfer and indorse a promissory note(s) secured by real property in California to a new lender. This template includes practical guidance and drafting notes. An allonge is attached to the existing promissory note to document its transfer and to include any necessary language or signatures without adding them to the note itself, which often lacks sufficient space. A promissory note may be considered a negotiable instrument, the transfer of which is governed by the California Uniform Commercial Code. See Cal. Com. Code ยง 3203 for further detail. For more on promissory notes, see Promissory Notes (Acquisition Loan). For a template promissory note, see Secured Promissory Note (CA).