Define who the two parties are in the promissory note agreement and include contact information. The promisor, also known as an obligor, is the person getting the loan and promising to repay it under the contract terms.The promisee, otherwise known as an olbigee, provides the principal loan value.efine who the two parties are in the promissory note agreement and include contact information. The promisor, also known as an obligor, is the person getting the loan and promising to repay it under the contract terms.
Calculation for Wisconsin Real Estate Transfer Fees: September 1, 1981 through the present, the fee is 30 cents per $100 ($3.00 per $1000). To compute the consideration from the transfer fee shown, take the transfer fee, divide by 3 and multiply by 1000.
Real estate transfer fees and recordation fees are a source of revenue and will be a charge to the buyer. Since the amount is significant, 1% -2.5% of the purchase price, the buyer and seller may negotiate to have the seller pay part of these fees (Maryland).losing costs in Maryland and Virginia are fees charged to the buyer and seller (primarily the buyer) to pay for the transfer of property from the seller to the buyer. Some items that are included in the closing: