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The Promissory Note With Notary is a crucial financial instrument in Saudi Arabian business and personal transactions, commonly used to document and secure monetary obligations. This document type is particularly valuable when parties need a strong, legally enforceable promise of payment that carries the weight of notarial authentication. It must comply with the Saudi Law of Commercial Papers (Royal Decree No. M/37) and the Notary Public Law (Royal Decree No. M/11), while adhering to Shariah principles. The document includes essential details such as the parties' information, payment amount, due date, and notarial authentication. It's frequently used in business transactions, loan agreements, real estate dealings, and commercial contracts where parties seek an additional layer of security through notarization. The notarized nature of the document provides expedited enforcement options through Saudi courts if payment defaults occur.

1. Date and Place: Specifies the date of execution and location where the promissory note is signed

2. Promisor Details: Full legal name, address, and identification details of the person/entity making the promise to pay

3. Promisee Details: Full legal name, address, and identification details of the person/entity to whom the payment is promised

4. Promise to Pay: Unconditional promise to pay a specific sum of money

5. Payment Amount: The exact amount to be paid, expressed in both numbers and words

6. Payment Date: Specific date or timeline when the payment is due

7. Payment Method: Specified method of payment and where/how payment should be made

8. Notarization Block: Official section for notary's attestation, stamp, and signature