Alqanoni

Commercial Maritime Law

Art. 66
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

A mortgage shall be ranked directly after the liens, and debts secured by a mortgage shall be ranked according to their entry dates. If multiple mortgages are entered in a single day, their ranking shall be determined according to the mortgage date, from the oldest to the latest.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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