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The Seller Financing Contract is utilized in Qatar when traditional bank financing is not preferred or available, allowing property sellers to directly finance the buyer's purchase. This arrangement must comply with Qatar's Civil Code, real estate laws, and Islamic finance principles, making it distinct from conventional mortgages. The document typically includes comprehensive details about the property, purchase price, profit rate (rather than interest), payment schedule, security arrangements, and enforcement mechanisms. It's particularly relevant in Qatar's dynamic real estate market where alternative financing solutions are increasingly important. The contract must be structured to ensure enforceability under Qatar law while maintaining Sharia compliance, often requiring specific language and terms that differ from conventional financing agreements.

1. Parties: Identification of the Seller/Financier and Buyer/Borrower with full legal names and addresses

2. Background: Context of the transaction, including property details and parties' intention to enter into a seller financing arrangement

3. Definitions: Key terms used throughout the agreement, including Property, Purchase Price, Finance Amount, Payment Schedule, etc.

4. Sale and Purchase: Core transaction terms including property description, purchase price, and basic financing arrangement

5. Financing Terms: Detailed structure of the financing, including total amount, payment period, and profit rate (avoiding interest terminology for Sharia compliance)

6. Payment Terms: Schedule of payments, payment methods, and calculation of periodic payments

7. Security Arrangements: Details of property mortgage or other security interests retained by seller

8. Seller's Representations and Warranties: Seller's confirmations regarding property ownership, condition, and authority to sell

9. Buyer's Representations and Warranties: Buyer's confirmations regarding financial capacity and understanding of obligations

10. Title and Registration: Provisions for property title transfer and registration procedures

11. Default and Remedies: Consequences of payment default and seller's enforcement rights

12. Notices: Communication procedures between parties

13. Governing Law and Jurisdiction: Confirmation of Qatar law application and dispute resolution procedures