NOTES PAYABLE - RELATED PARTY	6 Months Ended
NOTES PAYABLE - RELATED PARTY	May 31, 2012
Notes to Financial Statements
Note 3. NOTES PAYABLE - RELATED PARTY	The Company received a $1,600 note payable from an individual on November 18, 2009, and, from the same individual, another $8,000 in December, 2010, $1,116 in February, 2012, $4,000 in March 2012, and $2,000 in May 2012. The notes are due on demand, unsecured, and bear no interest. The individual is a shareholder, officer, and director of the Company.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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COMMONWEALTH REALTY PARTNERS, INC. 10-Q