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The Acknowledgement Receipt For Payment Of Land is a critical document in Saudi Arabian real estate transactions, used to formally document and confirm the receipt of payment for land purchases. This document is essential in maintaining clear transaction records and ensuring compliance with Saudi Arabian property laws and Sharia principles. It should be used whenever a payment for land is made, whether as a complete payment or as part of an installment plan. The document typically includes crucial information such as party details, land specifications, payment amount, and transaction references. It serves multiple purposes including legal proof of payment, documentation for regulatory compliance, and protection of both parties' interests in the transaction. In Saudi Arabia, this document often forms part of the broader property transfer process and may be required for official property registration with relevant authorities.

1. Date and Location: The specific date of payment and location where the receipt is being issued

2. Parties' Information: Complete details of both the receiving party (seller) and paying party (buyer), including full legal names, ID/commercial registration numbers, and addresses

3. Land Details: Specific details of the land including title deed number, plot number, location, dimensions, and total area

4. Payment Acknowledgement: Clear statement acknowledging receipt of payment, including the exact amount received and payment method

5. Transaction Reference: Reference to the main sale agreement or transaction document this payment relates to

6. Declaration of Full Settlement: Statement confirming whether this payment represents partial or full settlement of the agreed purchase price