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1. Date and Place of Issuance: Specific date and location where the promissory note is issued, which is essential for validity under Saudi law
2. Unconditional Promise to Pay: Clear statement of unconditional promise to pay a specific amount, as required by Commercial Papers Regulation
3. Payment Details: Exact amount in numbers and words, currency, and due date(s) of payment
4. Parties Information: Full legal names, addresses, and identification numbers of both the maker (tenant) and payee (landlord)
5. Property Details: Identification of the rental property and reference to the underlying lease agreement
6. Late Rent Period: Specification of the rental period(s) for which the payment is overdue
7. Signature Block: Space for maker's signature, which must be handwritten as per Saudi law
1. Installment Schedule: Used when the late payment will be paid in multiple installments, specifying the amount and date of each payment
2. Guarantor Details: Include when a third party is guaranteeing the payment, with their full details and signature
3. Witness Section: While not legally required, can be included for additional verification, particularly for large amounts
4. Alternative Payment Location: Include if payment can be made at a location different from the payee's address
5. Notice Provisions: Include when specific notice requirements for demand or default need to be detailed
1. Schedule A - Payment Calculation: Detailed breakdown of the overdue rent amount, including original due dates and any permitted administrative charges
2. Schedule B - Property Documentation: Copies or details of the relevant lease agreement and property identification documents
3. Schedule C - Installment Schedule: If applicable, detailed table of installment payments with specific dates and amounts
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