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The Apartment Purchase Agreement is a crucial legal document used in Saudi Arabia for residential property transactions. It serves as the primary contract for transferring apartment ownership from seller to buyer, whether in completed buildings or off-plan developments. This document must comply with Saudi Arabian real estate laws, including the Real Estate Registration Law, Off-Plan Sales Law (Wafi Program), and principles of Sharia law. It is essential for both new property purchases and resale transactions, containing detailed provisions about the property, payment terms, completion procedures, and obligations of all parties involved. The agreement is particularly important in the Saudi context due to specific legal requirements for property registration, foreign ownership restrictions, and the need for dual-language documentation (Arabic and English).

1. Parties: Identification of the seller and purchaser with full legal names, addresses, and identification numbers as required by Saudi law

2. Background: Context of the transaction and brief description of the property being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the apartment, including unit number, floor, building details, and exact measurements

5. Purchase Price: Statement of the total purchase price and payment terms including deposit requirements

6. Payment Terms: Detailed payment schedule and method of payment, including any installment arrangements

7. Title and Ownership: Confirmation of seller's right to sell and process of title transfer

8. Completion: Process and requirements for completing the sale, including documentation and registration requirements

9. Seller's Obligations: Responsibilities of the seller including delivery of property and required documentation

10. Purchaser's Obligations: Responsibilities of the purchaser including payment and compliance with regulations

11. Representations and Warranties: Statements of fact and promises by both parties regarding the property and transaction

12. Default and Remedies: Consequences of breach by either party and available remedies

13. Governing Law: Confirmation that Saudi law and Sharia principles govern the agreement

14. Notices: How formal communications between parties should be made and delivered

15. Language: Specification that the agreement is in both Arabic and English, with Arabic prevailing in case of conflict