Book traversal links for نموذج 2 (عقار يملكه العميل الراهن)
Form 2 (Property Owned by the Mortgagor)
No: 391000070455 | Date(g): 6/3/2018 | Date(h): 19/6/1439 | Status: In-Force |
Translated Document
To His Excellency, the Chief Notary of ............... May Allah protect him
Peace be upon you, and the mercy and blessings of Allah,To proceed:
We inform you that the individual/citizen/organization/company ........................... under Register No. (................) dated / / 14 H, has outstanding dues to the financing company/bank amounting to(Only ................... SAR) under Financing Contract (................) No. (........) dated / / 14 H, approved by the Sharia Board under No. ( ) dated / / 14 H. Please note that the Sharia Board's approval is still valid and has not been amended or revoked. The execution of this contract, which establishes the debtor's liability, has been or will be carried out according to the Sharia Board's decisions. The debt will be repaid in ( ) monthly installments, each amounting to ( ) (SAR), payable on the ( ) of each Hijri/Gregorian month, starting from / / 14 H. The aforementioned party has mortgaged the described property as collateral for these dues, according to the terms outlined in the mortgage contract. In case of non-payment, the property will be sold in accordance with enforcement regulations.
Therefore, we kindly request that you document the mortgage. May Allah protect and care for you ،،،
Representative of the Financing Company / Bank