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The Promissory Note For Past Due Rent is utilized in situations where a tenant has fallen behind on their rental payments in the United Arab Emirates. This document serves as a formal acknowledgment of the debt and a legally binding promise to pay, providing landlords with additional security and a stronger legal position for collecting overdue rent. The document must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Transactions Law), as well as relevant emirate-specific rental laws. It typically includes essential details such as the parties' information, property details, amount owed, payment terms, and any applicable guarantees or securities. This type of promissory note is particularly valuable in the UAE real estate market as it can be used as evidence in rental dispute committees and courts, potentially expediting the debt recovery process.

1. Promissory Note Header: Title of the document, date, and place of execution

2. Maker Information: Full legal name, Emirates ID/passport number, and contact details of the person making the promise to pay

3. Payee Information: Full legal name and details of the landlord/property owner to whom the payment is promised

4. Amount Due: The total amount of past due rent in both numbers and words, with currency clearly specified

5. Payment Terms: Specific details about when and how the payment will be made, including installment schedule if applicable

6. Property Details: Address and description of the rental property for which the rent is owed

7. Period of Default: Clear specification of the rental period(s) for which payment is overdue

8. Legal Declaration: Formal promise to pay and acknowledgment of the debt

9. Execution Block: Signature blocks for maker, witness(es), and date of signing