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Simple Land Sale Agreement for Saudi Arabia

Simple Land Sale Agreement Template for Saudi Arabia

A Simple Land Sale Agreement governed by Saudi Arabian law and Shariah principles, designed for the transfer of land ownership between parties. This agreement incorporates essential elements required under Saudi real estate regulations, including property identification, payment terms, and transfer procedures. The document ensures compliance with local municipality requirements, the Real Estate Registration Law, and Islamic transaction principles while maintaining clarity and enforceability. It includes provisions for proper registration with relevant authorities and addresses key aspects of land transfer in the Saudi Arabian context.

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What is a Simple Land Sale Agreement?

The Simple Land Sale Agreement is a fundamental legal document used for transferring land ownership in Saudi Arabia. It is specifically designed to comply with both Saudi civil law and Shariah principles, making it suitable for various types of land transactions, from residential to commercial properties. This agreement is typically used when parties wish to document a straightforward land sale transaction without complex development or financing arrangements. The document covers essential elements including proper identification of the parties and property, purchase price and payment terms, warranties of ownership, and transfer procedures. It must align with the requirements of the Real Estate Registration Law and local municipality regulations, while ensuring all aspects of the transaction are clear, certain, and free from prohibited elements under Islamic law. The agreement is particularly important in the Saudi Arabian context where land registration and transfer procedures are strictly regulated and must follow specific legal and religious guidelines.

What sections should be included in a Simple Land Sale Agreement?

1. Parties: Identification of the seller and buyer with full legal names, addresses, and ID/registration numbers as required by Saudi law

2. Background: Context of the sale and confirmation that the seller is the legal owner of the property

3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant terms

4. Sale and Purchase: Core agreement for the sale and purchase of the property, including the exact description of the land

5. Purchase Price: Agreed price, payment terms, and method of payment in compliance with Shariah principles

6. Completion: Details of the completion process, including timing, location, and requirements for transfer

7. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and compliance with laws

8. Property Condition: Statement on the condition of the property and any agreed inspections

9. Registration and Transfer: Process for official registration with relevant authorities and transfer of title

10. Costs and Taxes: Allocation of costs, fees, and taxes between parties

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

12. Governing Law: Confirmation of Saudi law and Shariah principles as governing law

13. Execution: Signature blocks and execution requirements

What sections are optional to include in a Simple Land Sale Agreement?

1. Foreign Ownership Compliance: Required when buyer is non-Saudi, detailing compliance with foreign ownership restrictions

2. Conditions Precedent: Used when completion is subject to specific conditions being met

3. Property Income: Required when dealing with rental income arrangements up to completion

4. Broker Provisions: Include when real estate brokers are involved in the transaction

5. Municipal Approvals: Required when property requires specific municipal permits or approvals

6. Development Obligations: Include when the land is subject to development requirements or restrictions

7. Force Majeure: Optional clause dealing with unforeseen circumstances preventing completion

What schedules should be included in a Simple Land Sale Agreement?

1. Property Description Schedule: Detailed legal description of the land, including boundaries, dimensions, and deed number

2. Title Documents: Copies of relevant title documents and ownership certificates

3. Payment Schedule: If payment is to be made in installments, detailed payment schedule

4. Property Plans: Official plans, maps, or surveys of the property

5. Encumbrances Schedule: List of any existing encumbrances, easements, or rights affecting the property

6. Required Approvals: List of governmental or regulatory approvals required for the transfer

7. Handover Protocol: Detailed procedure for physical handover of the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Saudi Arabia

Publisher

Ƶ

Document Type

Buy-Sell Agreement

Cost

Free to use
Relevant legal definitions








































Clauses







































Relevant Industries

Real Estate

Construction

Property Development

Agriculture

Industrial

Retail

Hospitality

Commercial Property

Residential Property

Infrastructure

Manufacturing

Religious Institutions

Education

Relevant Teams

Legal

Real Estate

Compliance

Finance

Business Development

Risk Management

Property Management

Corporate Affairs

Investment

Operations

Facilities Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Broker

Investment Manager

Property Manager

Land Acquisition Specialist

Real Estate Attorney

Chief Executive Officer

Chief Financial Officer

Development Director

Project Manager

Real Estate Analyst

Risk Manager

Corporate Secretary

Business Development Manager

Facilities Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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