Basic Info

  • Applicable Region UAE
  • Available Languages
    English & Arabic
  • Document No 0000380
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

A loan and mortgage pledge agreement is a contract between the lender and borrower that details the terms of an individual's loan. The borrower agrees to pay back the loan, often with interest, in monthly installments over a set time. The borrower undertakes and binds itself to settle/pay the Loan to the lender in accordance with the payment schedule the borrower provides securities such as mortgage, pledge of asset and insurance.


This document contains the following sections :

1.       Loan

2.       Usage of the loan

3.       Payment Schedule

4.       Full Payment of the Loan

5.       Securities

6.       Prohibition

7.       Nature of the securities

8.       Representation

9.       Duration of the agreement

10.   Event of default

11.   Remedies

12.   Assignment

13.   No third-party beneficiary

14.   Waiver

15.   Severability

16.   Entire agreement

17.   Variation

18.   Language

19.   Governing Law and Jurisdiction


This agreement is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.