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1. Parties: Identification of the seller and buyer with full legal names, addresses, and any registration numbers
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Clear statement of the seller's intention to sell and the buyer's intention to purchase the specified property
5. Description of Property: Detailed description of the property being sold, including all relevant specifications, conditions, and identifying features
6. Purchase Price: Total purchase price and detailed payment structure
7. Payment Terms: Schedule of payments, including installment amounts, due dates, and payment methods
8. Transfer of Title: Terms regarding when and how legal ownership transfers from seller to buyer
9. Seller's Representations and Warranties: Seller's guarantees regarding ownership, condition, and quality of the property
10. Buyer's Acknowledgments: Buyer's confirmation of property inspection and acceptance of condition
11. Default and Remedies: Consequences of payment default and available remedies for both parties
12. Governing Law: Specification of Saudi law and Sharia principles as governing law
1. Insurance Requirements: Required when the property needs to be insured during the payment period
2. Maintenance and Use: Include when the property requires specific maintenance or has usage restrictions during the payment period
3. Security Interest: Include when additional security or collateral is required for the payment arrangement
4. Registration Requirements: Required when the property needs official registration (e.g., vehicles, real estate)
5. Third-Party Rights: Include when there are existing third-party interests or rights that need to be addressed
6. Export/Import Provisions: Required when the property is subject to international trade regulations
7. Arbitration Clause: Optional dispute resolution mechanism through arbitration instead of courts
1. Schedule 1: Property Details: Detailed technical specifications, photographs, or diagrams of the property
2. Schedule 2: Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
3. Schedule 3: Delivery Terms: Specific arrangements for property delivery or transfer
4. Schedule 4: Condition Report: Detailed report of the property's condition at the time of sale
5. Schedule 5: Required Documents: List of documents required for transfer of ownership
6. Appendix A: Maintenance Requirements: If applicable, detailed maintenance specifications and schedules
7. Appendix B: Warranty Terms: Detailed warranty terms and conditions if provided by the seller
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Real Estate
Industrial Equipment
Manufacturing
Construction
Agriculture
Technology
Transportation
Energy
Maritime
Aviation
Heavy Machinery
Legal
Finance
Sales
Compliance
Risk Management
Operations
Commercial
Procurement
Credit Control
Asset Management
Contract Administration
Legal Counsel
Contract Manager
Sales Director
Finance Manager
Commercial Director
Compliance Officer
Risk Manager
Business Development Manager
Operations Manager
Asset Manager
Property Manager
Fleet Manager
Procurement Manager
Credit Controller
Legal Administrator
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