What is the proper copy of a personal IOU? What to look out for?

Do you really write IOUs? How to write a formal IOU template? What are the precautions for making IOUs?

Legal Analysis: The following points should be paid attention to when writing an IOU correctly:

1. If the IOU is handwritten, the writer must be written by the borrower, not by the lender;

2. The IOU should be as concise and clear as possible, and do not use ambiguous language;

3. Write down the reason for borrowing the IOU;

4. Attach the ID numbers of the borrower and the lender. Preferably with a copy of the borrower's ID card;

5. The most important thing is that the borrower's signature must be seen with his own eyes. Do not accept IOUs that have already been written or written after the fact, and must require the borrower to write the IOU in person;

6. The IOU itself must be a complete piece of paper, not torn or cut paper.

Legal basis: Article 470 of the Civil Code of the People's Republic of China The content of the contract shall be agreed upon by the parties and generally include the following clauses:

1) The names and addresses of the parties;

b) the subject matter; iii) quantity;

iv) Quality; 5) Price or remuneration;

6) the period, place and method of performance;

7) Liability for breach of contract;

8) Methods of Dispute Resolution.

First of all, write the words "IOU" or "loan contract" in the middle of a piece of paper. Write down the names and ID numbers of the borrower and lender. (2) Text:

The main text of the IOU should clearly state the main contents such as the reason for the loan, the amount of the loan, the time of the loan, and the interest on the loan. (3) Payment: Sign and date of the borrower and lender in the lower right corner.

If there is a guarantor, the guarantor's signature and seal are also required.

Legal basis: Article 668 of the Civil Code of the People's Republic of China The loan contract shall be in written form, unless otherwise agreed upon in the loan between natural persons.

The content of the loan contract generally includes the type of loan, currency, purpose, amount, interest rate, term and repayment method.

Legal analysis: The formal way of writing personal IOUs should indicate the amount of the loan and the time of borrowing, then indicate the date of repayment, and the proportion of liquidated damages paid to the borrower according to the total amount each year, and finally indicate the name and identity information of the borrower, and the time when the IOU is written at the end.

Legal basis: Civil Code of the People's Republic of China

Article 667 A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Article 668: The loan contract shall be in written form, unless otherwise agreed upon between natural persons. The content of the loan contract generally includes the type of loan, the type of currency file, the way to use the loan, the amount, the interest rate, the term and the repayment method.

Legal analysis: A formal personal IOU should first indicate the names of both parties to the borrower and other specific information; secondly, the amount and term of the loan, the interest of the loan, etc., the time of repayment and the method of repayment of the loan, etc., the agreement on interest and the assumption of liability for breach of contract; Finally, both parties sign the round letter and indicate the time.

Legal basis: Provisions on Several Issues Concerning the Application of Law in Private Lending Cases of Trial Qing Minli》 Article 2 When the lender files a lawsuit with the people's court, it shall provide proof of creditor's rights such as IOUs, receipts, and IOUs, as well as other evidence that can prove the existence of the legal relationship between the lenders.