كل الحراج/خدمات قانونية/خدمات

Assignment Sale of Enforcement Right for 220 Thousand

Riyadh
Updated 6 hr. ago
1
I am a legal agent 📍 (Urgent) ‼ Assignment (Sale) of enforcement right Amount: 220,000 SAR Final judgment + open enforcement file For serious buyers only, and to agree on the assignment amount. Contract format / Assignment of Right Contract (Judicial Enforcement) On this day / / 14 Corresponding to / / 202 Agreement has been reached between: First Party (Assignor) Name: ID Number: Address: Hereinafter referred to as the "Assignor". Second Party (Assignee) Name: ID Number: Address: Hereinafter referred to as the "Assignee". Preamble Whereas the Assignor holds a fixed financial right based on a final and enforceable judicial judgment, with an open enforcement file at the Enforcement Court, and wishes to assign this right in its entirety to the Assignee, it has been agreed as follows: Article One: Subject of Assignment The Assignor hereby assigns to the Assignee the full financial right owed by the enforced party, amounting to (220,000) Two Hundred and Twenty Thousand Saudi Riyals only, as established by judicial judgment No. () issued by the court () on ../../., and registered under enforcement request No. () at the Enforcement Department in (). This assignment includes the full right, its phụ and guarantees, including the right to follow up on the enforcement file, request seizure and forced execution, collect amounts, and manage the enforcement payment number associated with the file. Article Two: Effectiveness of Assignment This assignment shall become effective with respect to the enforced party and third parties from the date of their notification or acceptance, and the Assignee shall replace the Assignor in all rights related to the assigned right. Article Three: Delivery of Documents The Assignor undertakes to deliver to the Assignee a certified copy of the judicial judgment, the enforcement request number, and any other documents related to the file immediately upon signing this contract, and undertakes to cooperate in submitting any necessary requests to the Enforcement Court to update the status of the enforcement applicant. Article Four: Non-liability of Assignor for Costs Both parties acknowledge that the Assignor is not responsible for any costs, expenses, fees, or charges arising after the date of this assignment, whether related to following up on the enforcement file, seizure, sale, disputes, or any other procedures. The Assignee shall bear all such costs and expenses alone, and shall not have the right to recourse against the Assignor for any amount or claim in respect thereof. Article Five: Non-liability of Assignor for Errors and Violations The Assignee acknowledges that the Assignor is not responsible for any errors, violations, negligence, or procedures, prior or subsequent, related to the enforcement file, the judgment, or the enforced party. The Assignee shall bear full responsibility for following up on the file and its procedures after the date of this assignment, without any recourse against the Assignor. Article Six: Declarations The Assignor declares that the assigned right is existing, valid, and not disputed by him, and that he has not previously assigned it or transferred it to another person, and that it is free from any pledge, seizure, or restriction preventing its assignment. Article Seven: General Provisions 1. The provisions of the Civil Transactions Law and the Enforcement Law in the Kingdom of Saudi Arabia shall apply to this contract. 2. The preamble shall be an integral part of this contract. 3. This contract has been drawn up in two original copies, with each party holding one copy to act upon. May God grant success.,, Signature of First Party (Assignor) Name: Signature: Date: Signature of Second Party (Assignee) Name: Signature: Date: Witnesses (if any) First Witness: Signature: Second Witness: Signature:
Assignment Sale of Enforcement Right for 220 Thousand 0