A Promissory Note For Rent Owed is utilized when a tenant has accumulated rent arrears and both parties agree to formalize the debt repayment arrangement. This document is particularly relevant in Australian jurisdictions where landlords seek to secure their right to recover unpaid rent while potentially providing tenants with a structured payment plan. The note transforms the rental debt into a distinct financial obligation, separate from the ongoing lease agreement. It must comply with the Bills of Exchange Act 1909 (Cth) and relevant state tenancy laws, making it a legally enforceable instrument. The document typically specifies the exact amount owed, payment schedule, interest rates if applicable, and default provisions. It's commonly used in both residential and commercial tenancies where there's a need to document and formalize rent arrears payment arrangements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Identification of Parties: Full legal names and addresses of the Maker (tenant/debtor) and Payee (landlord/creditor)
2. Promise to Pay: Unconditional promise to pay, including the exact amount owed in numbers and words
3. Origin of Debt: Clear statement that the amount represents unpaid rent, including the rental property address and period of arrears
4. Payment Terms: Specification of payment schedule, including installment amounts (if applicable), due dates, and payment methods
5. Interest Rate: Statement of any applicable interest rate and calculation method
6. Default Provisions: Consequences of failing to make payments as scheduled
7. Signatures: Execution section with date and signatures of all parties
1. Security Provisions: Include when the note is secured by any collateral or assets
2. Guarantor Details: Required when a third party is guaranteeing the payment of the debt
3. Prepayment Terms: Include when early payment options are allowed, including any penalties or benefits
4. Late Payment Penalties: Optional section detailing additional fees or penalties for late payments
5. Governing Law: While jurisdiction is implied, this section can be added for clarity, especially for interstate matters
6. Assignment Rights: Include when either party wishes to reserve the right to assign the note to another party
1. Schedule A - Payment Schedule: Detailed breakdown of payment installments, dates, and amounts when payment plan is complex
2. Schedule B - Rent Arrears Calculation: Itemized list of unpaid rent periods and amounts
3. Schedule C - Property Details: Details of the rental property and original lease agreement when reference is needed
4. Appendix 1 - Copy of Lease Agreement: Attached when reference to original lease terms is necessary
5. Appendix 2 - Statement of Arrears: Detailed statement showing how the debt amount was calculated
Find the exact document you need
Promissory Note For Real Estate Purchase
An Australian-compliant financial instrument documenting a buyer's promise to pay for real estate purchase, including payment terms and security interests.
Download
Promissory Note For Vehicle Purchase
An Australian-compliant promissory note documenting a buyer's legally binding promise to pay for a vehicle purchase, including payment terms and vehicle details.
Download
Promissory Note
An Australian-compliant financial instrument containing a written promise to pay a specified sum of money under defined terms and conditions.
Download
Promissory Note For Remaining Balance
An Australian law-compliant financial instrument documenting a promise to pay a remaining balance after initial payment, including specific repayment terms and conditions.
Download
Hospital Promissory Note
An Australian-compliant promissory note documenting a patient's commitment to pay for hospital services received, incorporating healthcare regulations and payment terms.
Download
Form Of Secured Promissory Note
An Australian law-governed financial instrument combining a promise to pay with security interests, documenting a secured debt obligation between lender and borrower.
Download
Promissory Note For Rent Owed
An Australian legal document establishing a tenant's binding promise to pay outstanding rent arrears, governed by federal and state legislation.
Download
Note Payable Form
An Australian-compliant legal document evidencing a promise to pay a specific sum of money, detailing payment terms and conditions between a borrower and lender.
Download
Guarantor Promissory Note
An Australian law-governed document combining a promissory note with a guarantee agreement, where a guarantor backs the maker's promise to pay a specified sum to the payee.
Download
Promissory Note For Services Rendered
An Australian legal document combining a promissory note with acknowledgment of services rendered, providing a binding payment promise governed by federal and state laws.
Download
Mortgage Note Form
An Australian legal document that establishes the terms and conditions of a property-secured loan between a lender and borrower, compliant with federal and state mortgage regulations.
Download
Unconditional Promissory Note
An Australian law-governed financial instrument containing an unconditional written promise to pay a specific sum of money, regulated under the Bills of Exchange Act 1909.
Download
Cash Promissory Note
An Australian-compliant financial instrument containing a written promise to pay a specific sum of money, governed by the Bills of Exchange Act 1909.
Download
Bill Of Sale With Promissory Note For Automobile
An Australian legal document combining vehicle sale documentation with a promissory note for installment payments, conforming to Australian federal and state vehicle transfer regulations.
Download
Installment Promissory Note
An Australian law-governed document establishing a formal promise to repay a specified sum through scheduled installment payments, including interest terms and security provisions.
Download
International Promissory Note
An Australian law-governed formal promise to pay a specified sum in an international context, compliant with the Bills of Exchange Act 1909.
Download
Simple Promissory Note For Personal Loan
An Australian-compliant promissory note documenting terms and conditions for a personal loan agreement between a lender and borrower.
Download
Loan Note
An Australian law-governed financial instrument documenting terms of a loan between an issuer and noteholder, including principal, interest, and repayment conditions.
Download
Unsecured Promissory Note
An Australian law-governed financial instrument documenting an unsecured promise to pay a specified sum of money, with defined repayment terms and conditions.
Download
Standard Promissory Note
An Australian-compliant financial instrument documenting a formal promise to pay a specified sum of money under defined terms and conditions.
Download
Promissory Note With Notary
An Australian legal document containing a notarized promise to pay a specified sum of money, governed by federal and state legislation including the Bills of Exchange Act.
Download
Promissory Note For Delayed Payment
An Australian-compliant financial instrument documenting a promise to pay a specified sum at a future date, governed by federal and state legislation.
Download
Promissory Letter For Hospital Bill
An Australian-compliant legal document where a patient or guarantor formally commits to paying outstanding hospital bills according to specified terms and conditions.
Download
Negotiable Promissory Note
An Australian-compliant financial instrument containing a written promise to pay a specified sum, governed by the Bills of Exchange Act 1909 (Cth).
Download
Hospital Bill Promissory Note
An Australian-compliant promissory note documenting a patient's legally binding commitment to pay outstanding hospital bills according to agreed terms.
Download
Financial Promissory Note
An Australian law-governed financial instrument documenting a formal promise to pay a specified sum of money, including payment terms and conditions.
Download
Convertible Promissory Note
An Australian law-governed debt instrument that converts to equity shares under specified conditions, commonly used for startup bridge financing.
Download
Balloon Promissory Note
An Australian-compliant financial instrument documenting a debt obligation with regular payments and a large final balloon payment, including all terms and conditions of the lending arrangement.
Download
Shareholder Promissory Note
An Australian law-governed promissory note documenting a company's promise to pay a specified sum to a shareholder, including payment terms and security arrangements.
Download
Promissory Note With Personal Guarantee
An Australian-law governed financial instrument combining a promise to pay a specified sum with a personal guarantee, establishing primary and secondary payment obligations.
Download
Promissory Note Secured By A Mortgage
An Australian legal document combining a promissory note with a mortgage security interest, establishing both a promise to pay and a property security arrangement under Australian federal and state laws.
Download
Promissory Note Repayment Schedule
An Australian legal document that outlines the structured repayment terms of a debt, including payment schedules, amounts, and interest calculations.
Download
Promissory Note Letter
An Australian law-governed financial instrument documenting a written promise to pay a specific sum of money, including payment terms and conditions.
Download
Payable On Demand Promissory Note
An Australian law-governed financial instrument containing an unconditional promise to pay a specified sum on demand to the payee.
Download
Full Recourse Promissory Note
An Australian law-governed financial instrument containing an unconditional promise to pay a specified sum, with full recourse rights against the maker's assets.
Download
Personal Guarantee On Promissory Note
An Australian law-governed personal guarantee agreement securing a promissory note, establishing the guarantor's commitment to fulfill the debtor's obligations upon default.
Download
Promissory Note For Business Purchase
An Australian legal document establishing a promise to pay a specified sum for a business purchase, governed by federal and state laws.
Download
30 Day Promissory Note
An Australian-compliant financial instrument documenting a promise to pay a specified sum within 30 days, governed by federal legislation.
Download
Interest Only Promissory Note With Balloon Payment
An Australian-governed promissory note featuring interest-only payments with a final balloon payment, incorporating required consumer protection elements and payment terms.
Download
Business Promissory Note
An Australian-law governed financial instrument documenting a business's written promise to pay a specified sum under defined terms and conditions.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)