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1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and ID/CR numbers as required by Saudi law
2. Background: Brief context of the transaction and confirmation that the Seller is the legal owner of the Property
3. Definitions: Key terms used in the agreement including 'Property', 'Purchase Price', and 'Completion Date'
4. Property Description: Detailed legal description of the land including title deed number, location, dimensions, and boundaries as per Saudi property registration requirements
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule in compliance with Sharia principles
6. Completion: Process and requirements for completing the transfer, including registration at the notary public
7. Seller's Warranties: Basic warranties regarding ownership, capacity to sell, and property status
8. Buyer's Warranties: Warranties regarding capacity to purchase and source of funds
9. Governing Law: Confirmation that Saudi law and Sharia principles govern the agreement
1. Conditions Precedent: Include when completion is subject to specific conditions such as regulatory approvals or third-party consents
2. Property Inspection: Include when the buyer requires a formal inspection period before completion
3. Broker's Commission: Include when a real estate broker is involved in the transaction
4. Municipal Compliance: Include when there are specific zoning or development requirements to address
5. Foreign Ownership: Include when the buyer is a non-Saudi national or entity, addressing specific regulatory requirements
1. Property Title Deed: Copy of the official title deed (Sakk) showing current ownership
2. Property Plan: Official survey plan or krooki showing property boundaries and dimensions
3. Payment Schedule: Include if payment is to be made in installments, detailing amounts and dates
4. Property Photographs: Recent photographs of the property and its boundaries
Real Estate
Construction
Property Development
Commercial Property
Residential Property
Investment
Agriculture
Industrial
Retail
Hospitality
Legal
Real Estate
Property Development
Compliance
Finance
Investment
Corporate Development
Operations
Risk Management
Business Development
Real Estate Manager
Property Developer
Legal Counsel
Corporate Lawyer
Investment Manager
Land Acquisition Manager
Real Estate Broker
Property Consultant
Compliance Officer
Chief Legal Officer
Chief Investment Officer
Real Estate Director
Development Manager
Transaction Manager
Real Estate Agent
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