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
Effective from 2018-03-06 - Mar 05 2018
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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 would like to inform you that the citizen/citizeness/orgnization/company: ........................... under Register No. (................) dated / / 14 AH, has outstanding dues to the financing company/bank amounting to(Only ................... SAR) under Financing Contract (................) No. (........) dated / / 14 AH, approved by the Sharia Board under No. ( ) dated / / 14 AH. 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 AH. 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 you to document the mortgage. May God protect and guide you ،،،
Representative of the Financing Company / Bank