¶¶Òõ¶ÌÊÓÆµ

Construction Promissory Note Template for Qatar

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Construction Promissory Note

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Construction Promissory Note

"I need a Construction Promissory Note for a commercial tower project in Doha, Qatar, where my company (Al Safa Developments LLC) will promise to pay QAR 15 million to Qatar Construction Solutions, with quarterly installments starting March 2025 and including provisions for project milestone-linked payments."

Document background
A Construction Promissory Note is commonly used in Qatar's construction industry to provide payment security for construction services or projects. This specialized financial instrument, governed by Qatar law and Sharia principles, combines elements of traditional promissory notes with construction-specific provisions. It is typically issued when a developer or property owner needs to provide formal payment assurance to a contractor or construction company. The document includes essential details such as the unconditional promise to pay, payment amount, due date, project details, and parties' information. The Construction Promissory Note must comply with both Qatar's commercial paper requirements and construction regulations, making it a crucial tool for managing payment obligations in construction projects while providing a legally enforceable security instrument.
Suggested Sections

1. Note Details: Essential information including date, place of issuance, and note number

2. Parties: Identification of the maker (promisor/debtor) and payee (promisee/creditor) with full legal names and addresses

3. Promise to Pay: Unconditional promise to pay a specific sum, including the amount in both numbers and words

4. Payment Terms: Specified date or dates of payment, including whether it's payable on demand or at a fixed future date

5. Construction Project Reference: Reference to the specific construction project or services for which the note is issued

6. Place of Payment: Specified location where the payment must be made

7. Governing Law: Statement that the note is governed by Qatar law and compliant with Sharia principles

8. Signature Block: Space for maker's signature, date, and any required witness signatures

Optional Sections

1. Security Provisions: Include when the note is secured by specific construction assets or guarantees

2. Default Provisions: Include when specific consequences of default need to be outlined

3. Transfer Rights: Include when the note needs to be transferable or negotiable

4. Force Majeure: Include when specific construction-related events might affect payment obligations

5. Acceleration Clause: Include when early payment can be demanded under specific circumstances

6. Interest Provisions: Include when Sharia-compliant profit sharing or late payment charges apply

Suggested Schedules

1. Schedule A - Construction Project Details: Detailed description of the construction project, including location and scope

2. Schedule B - Payment Schedule: Detailed breakdown of payment installments if multiple payments are involved

3. Schedule C - Security Details: Details of any security or collateral provided (if applicable)

4. Appendix 1 - Required Authorizations: Copies of any required corporate or regulatory authorizations

5. Appendix 2 - Project Milestones: Construction milestones linked to payment obligations

6. Appendix 3 - Related Agreements: Reference to underlying construction contracts or agreements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Relevant Industries

Construction

Real Estate Development

Infrastructure

Commercial Property

Residential Development

Industrial Construction

Engineering

Project Finance

Building Materials

Construction Management

Property Development

Relevant Teams

Legal

Finance

Construction

Project Management

Treasury

Risk Management

Commercial

Contract Administration

Corporate Secretariat

Project Development

Real Estate

Relevant Roles

Construction Project Manager

Chief Financial Officer

Financial Controller

Construction Director

Legal Counsel

Contract Administrator

Project Developer

Development Manager

Construction Manager

Real Estate Director

Finance Manager

Treasury Manager

Commercial Director

Risk Manager

Company Secretary

General Counsel

Project Finance Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Promissory Note Promise To Pay

A Qatar law-governed negotiable instrument containing an unconditional promise to pay a specified sum, compliant with both Qatar Commercial Code and Sharia principles.

find out more

Promissory Note (Real Estate)

A legally binding promise to pay a specific sum in relation to real estate transactions, governed by Qatar law and compliant with local commercial regulations.

find out more

Promissory Letter For Tuition Fee

A legally binding promise to pay tuition fees to an educational institution, governed by Qatar law, establishing payment terms and obligations between the institution and the student/guardian.

find out more

Promissory Letter For Payment

A Qatar law-governed document containing an unconditional promise to pay a specified sum of money, serving as a legally enforceable payment security instrument.

find out more

Construction Promissory Note

A Qatari law-governed financial instrument containing a written promise to pay a specified sum for construction services, combining elements of commercial paper with construction-specific provisions.

find out more

Iou Promissory Note

A Qatar law-governed formal written promise to pay a specified sum of money, creating a legally binding commitment compliant with both Qatar Commercial Law and Sharia principles.

find out more

Promissory Note For Tuition Fee With Partial Payment

A Qatar law-governed promissory note documenting a commitment to pay educational tuition fees through structured partial payments.

find out more

Promissory Note For Property

A legally binding financial instrument under Qatar law where one party promises to pay another a specific sum related to a property transaction.

find out more

Cash Loan Promissory Note

A Qatar-law governed promissory note documenting a borrower's unconditional promise to repay a specified loan amount to a lender, compliant with local financial regulations and Islamic finance principles.

find out more

Credit Promissory Note

A Qatar-law governed financial instrument containing an unconditional promise to pay a specified sum, compliant with both civil and Islamic law principles.

find out more

Promissory Note For Personal Loan

A Qatari law-compliant promissory note documenting a borrower's unconditional promise to repay a personal loan, structured in accordance with local regulations and Sharia principles.

find out more

Promissory Agreement

A Qatar law-governed agreement containing an unconditional promise to pay a specified sum, compliant with both civil law and Sharia principles.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.