An IOU is a legal document used to prove the fact of borrowing, and its writing needs to follow certain formats and specifications to ensure its legitimacy and validity. Here's an example of a regular version of an IOU:
IOUs. Borrower: (Borrower's Name).
Identification number: (borrower's identification number).
Lender: (Name of Lender).
Identification number: (Lender's identification number).
Loan date: xx/xx/xx of xxxx year.
Loan amount: RMB (uppercase) (loan amount) yuan.
Purpose of borrowing: (purpose of borrowing, such as buying a house, buying a car, living expenses, etc.).
Repayment method: (repayment method, such as lump sum repayment, installment repayment, etc.).
Repayment date: (repayment date, specific to the year, month and day).
Interest rate: (borrowing rate, if any).
The borrower undertakes:
The purpose of the loan is legal and compliant, and it will not be used for illegal activities;
repay the principal and interest of the loan on time;
If it is not returned within the time limit, it is willing to bear the corresponding liability for breach of contract.
The lender undertakes:
Borrowed funds** are legal and compliant;
The borrowing interest rate is legal and compliant;
In the event that the borrower repays the principal and interest of the loan on time, the borrower will not be required to bear additional costs.
The parties agree that this IOU shall take effect from the date of signature and seal of both parties;
This IOU shall be executed in duplicate, one copy for each of the Borrower and the Lender;
The modification and termination of this IOU shall be agreed upon by both parties.
Borrower's Signature: (Borrower's Signature).
Lender's Signature: (Lender's Signature).
Date: xx/xx/xxxx.
Please note that the above is only an example, and when actually writing an IOU, it should be adjusted and supplemented on a case-by-case basis. In addition, to ensure the legitimacy of the IOU, it is advisable to consult a professional lawyer before signing.