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This document is a notarized acknowledgement entered into by a debtor in favour of a creditor as a guarantee to pay back an owed amount. In the event of non-payment by the debtor of any of the instalments set out therein, this acknowledgement may be executed before the Court of Execution by the creditor without the need for filing a civil case.
Important Note:
This document does not guarantee that the transaction you are conducting is safe from legal risks by utilising such document unless the document is vetted and amended by a lawyer in relation to the transaction you wish to conduct and in accordance with the latest prevalent laws. Amanat shall not be responsible for any damages that may occur as a result of your use of this document without the assistance of a lawyer. Please purchase a consultation with one of our lawyers to ensure your transaction is properly vetted.
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