Alqanoni

Commercial Maritime Law

Art. 73
Status unknownSaudi ArabiaRegulation

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

Subject to the provisions of Article 72, a mortgage registration shall be canceled pursuant to a judgment or an agreement between the creditor and the debtor. In the latter case, the debtor shall provide a declaration from the creditor with an authenticated signature indicating the creditor’s approval to cancel the mortgage registration. Commercial Maritime Law Part 3: Vessel Arrest Chapter 1: Provisional Arrest

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

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