Document background
The Promissory Note And Deed Of Trust is a sophisticated legal instrument used in Hong Kong when parties require a structured debt arrangement with additional security and asset management features. It combines the straightforward debt acknowledgment of a promissory note with the security and flexibility of a trust structure, making it particularly useful for complex financial transactions or when multiple creditors are involved. The document complies with Hong Kong's legal framework, including the Bills of Exchange Ordinance and Trustee Ordinance, and is commonly used in corporate finance, real estate transactions, and other scenarios requiring secured lending with professional asset management. It provides mechanisms for debt enforcement while protecting the interests of all parties through the trust structure.
