The Deed of Sale of Land is a crucial legal instrument in Saudi Arabian real estate transactions, used whenever there is a transfer of land ownership between parties. This document type is essential for both private and commercial land sales in the Kingdom, requiring strict adherence to both Sharia principles and Saudi civil law. The deed must be executed before a notary public and registered with the appropriate land registry authorities to be legally valid. It typically includes comprehensive details about the property, parties involved, purchase price, payment terms, and various warranties and undertakings. The document is particularly important as it forms the basis for property registration in Saudi Arabia and must comply with specific regulatory requirements, including those related to foreign ownership restrictions where applicable.
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1. Parties: Full identification of the seller and buyer, including their legal capacity and contact details as per Saudi requirements
2. Background: Context of the sale and confirmation that the property is owned free and clear by the seller
3. Definitions: Key terms used in the deed, including property-specific terminology and legal references
4. Property Description: Detailed legal description of the land, including boundaries, dimensions, and deed number as registered with authorities
5. Sale and Purchase: Core terms of the sale including price, payment terms, and transfer of ownership in accordance with Sharia principles
6. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and compliance with Sharia principles
7. Completion Requirements: Steps required for transfer of ownership and registration with relevant authorities
8. Property Handover: Terms and conditions for physical possession of the property
9. Tax and Fees: Allocation of responsibility for registration fees, taxes, and other transaction costs
10. Governing Law: Confirmation of Saudi law and Sharia principles as governing law
11. Execution: Formal execution requirements including witness statements and notarization requirements
1. Foreign Ownership Compliance: Required when buyer is non-Saudi, detailing compliance with foreign ownership restrictions
2. Mortgage Details: Required when property has existing mortgage that needs to be discharged
3. Development Obligations: Required when the land has specific development requirements or restrictions
4. Environmental Conditions: Required when there are environmental considerations or restrictions on the land
5. Municipal Approvals: Required when specific municipal permits or approvals are needed for intended use
6. Power of Attorney: Required when either party is acting through an authorized representative
7. Arbitration: Optional dispute resolution mechanism if parties wish to specify arbitration process
1. Property Title Deed: Copy of original title deed and registration details
2. Property Plan: Official surveyor's plan showing boundaries and dimensions
3. Payment Schedule: If payment is to be made in installments, detailed payment timeline
4. Property Photographs: Recent photographs of the land and any existing structures
5. Municipal Certificates: Relevant municipal certificates and zoning information
6. Due Diligence Documents: Results of title search and other due diligence findings
7. Required Permits: Copies of all relevant permits and approvals
Relevant legal definitions
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Real Estate
Construction
Banking & Finance
Agriculture
Industrial
Retail
Hospitality
Healthcare
Education
Energy
Infrastructure Development
Commercial Property
Relevant Teams
Legal
Real Estate
Compliance
Finance
Investment
Property Management
Business Development
Risk Management
Corporate Affairs
Facilities Management
Relevant Roles
Real Estate Manager
Property Developer
Legal Counsel
Compliance Officer
Chief Financial Officer
Investment Manager
Property Manager
Land Acquisition Manager
Development Director
Corporate Lawyer
Real Estate Broker
Facilities Manager
Project Manager
Risk Manager
General Counsel
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