Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Asset Sale Contract
"I need an Asset Sale Contract under Saudi law for the sale of manufacturing equipment from our Riyadh factory to a local buyer, with completion planned for March 2025 and including provisions for equipment testing and seller training obligations."
1. Parties: Identification of seller and purchaser with full legal names and details
2. Background: Context of the transaction and brief description of the assets being sold
3. Definitions and Interpretation: Key terms used throughout the agreement and interpretation rules
4. Sale and Purchase: Core transaction terms including asset description and sale commitment
5. Purchase Price: Consideration amount, payment terms, and payment mechanics
6. Completion: Timing and mechanics of closing, including deliverables and actions required
7. Seller's Warranties: Fundamental warranties regarding ownership, authority, and asset condition
8. Purchaser's Warranties: Basic warranties regarding authority and ability to complete purchase
9. Pre-Completion Obligations: Obligations of both parties between signing and completion
10. Tax Matters: Treatment of tax liabilities and obligations
11. Confidentiality: Obligations regarding transaction confidentiality and announcements
12. Notices: Process for formal communications between parties
13. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution process
1. Conditions Precedent: Used when completion is subject to specific conditions being met
2. Post-Completion Obligations: Include when parties have specific obligations after closing
3. Non-Competition: Required when seller needs to be restricted from competing
4. Transitional Services: Include when seller will provide services post-completion
5. Employee Matters: Required when employees are affected by the asset sale
6. Intellectual Property: Include when IP assets are part of the sale
7. Data Protection: Required when personal data is involved in the transfer
8. Environmental Matters: Include for sales involving industrial assets or real estate
9. Insurance: Required for high-value assets or where specific risks need coverage
10. Force Majeure: Include when specific force majeure provisions are needed
1. Asset Schedule: Detailed list and description of all assets being sold
2. Purchase Price Calculation: Detailed breakdown of purchase price components
3. Completion Deliverables: List of all documents and items to be delivered at completion
4. Form of Transfer Documents: Templates of specific transfer documents required
5. Warranties: Detailed warranties given by the seller regarding the assets
6. Encumbrances: List of any existing encumbrances on the assets
7. Required Consents: List of third-party or regulatory consents required
8. Existing Contracts: Details of contracts related to the assets being transferred
9. Property Schedule: Details of any real estate assets included in the sale
10. Tax Schedule: Detailed tax provisions and allocations
Authors
Manufacturing
Real Estate
Technology
Energy
Healthcare
Retail
Transportation
Construction
Financial Services
Telecommunications
Agriculture
Mining
Hospitality
Education
Professional Services
Legal
Finance
Commercial
Operations
Compliance
Risk Management
Asset Management
Property Management
Procurement
Business Development
Corporate Development
Treasury
Tax
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
Legal Director
Commercial Director
Asset Manager
Finance Manager
Business Development Manager
Operations Director
Compliance Officer
Risk Manager
Property Manager
Procurement Manager
Contract Manager
Investment Manager
Treasury Manager
Find the exact document you need
Real Estate Sales Form
Standard real estate sales contract template for property transactions in Saudi Arabia, compliant with Saudi law and Sharia principles.
Vehicle Buy Sell Agreement
A Saudi Arabian law-compliant agreement for the sale and purchase of vehicles, incorporating local traffic regulations and Sharia principles.
Lease To Purchase Contract
A Saudi Arabian contract combining property lease terms with a purchase option, compliant with Sharia law and local real estate regulations.
Definitive Purchase Agreement
A definitive agreement under Saudi Arabian law documenting the final terms and conditions for a purchase transaction, incorporating Shariah-compliant provisions and local commercial requirements.
Contingency Sales Agreement
A Saudi Arabian law-governed agreement establishing terms for a conditional sale transaction, subject to specific contingencies being met.
Absolute Agreement Of Sale
A Saudi Arabian law-governed agreement for the absolute and immediate transfer of ownership from seller to buyer, compliant with Sharia and local commercial regulations.
Sales Exclusivity Agreement
A Saudi Arabian law-governed agreement establishing exclusive sales rights within a defined territory, incorporating local commercial law and Sharia compliance requirements.
Sellers Contract
A Saudi Arabian law-governed contract establishing terms for sale of goods/services, incorporating both Sharia and commercial law requirements.
Sale Agreement Without Possession
A Saudi Arabian law-governed agreement for the future sale and delivery of goods, structured in compliance with Sharia principles and local commercial regulations.
Land Sale Deed
A legal document governed by Saudi law and Sharia principles for transferring land ownership rights between parties, requiring official registration with Saudi authorities.
Flat Sale Deed
A legal document under Saudi Arabian law that transfers ownership of a residential flat between parties, complying with local property laws and Shariah principles.
Deed Of Sale Of Motor Vehicle With Assumption Of Mortgage
A Saudi Arabian legal document enabling the sale of a mortgaged vehicle while transferring the existing mortgage obligations to the buyer, compliant with local and Sharia law.
Land Sale Agreement Form
A Saudi Arabian land sale agreement template compliant with local law and Sharia principles, facilitating legal transfer of land property between parties.
Conditional Sale Agreement Land
A Sharia-compliant agreement under Saudi Arabian law for the conditional sale of land property, where ownership transfers upon fulfillment of specified conditions.
Commission Agent Agreement
A Saudi law-compliant agreement establishing a commission-based commercial agency relationship between a principal and an agent, governing sales and promotion activities in defined territories.
Lease Option Agreement For Sale
A Saudi Arabian law-governed agreement combining property lease terms with an exclusive option for the tenant to purchase the property during or after the lease period.
Seller Rent Back Agreement Form
A Saudi Arabian legal document combining property sale and leaseback arrangements, allowing sellers to become tenants of their former property while ensuring Sharia compliance.
Agreement Of Sale With Possession
A Saudi Arabian law-governed agreement combining property sale terms with possession transfer arrangements, ensuring compliance with local property laws and Sharia principles.
Sale Lease Back Agreement
A Saudi Arabian law-governed agreement enabling property sale and immediate leaseback, structured to comply with both commercial and Shariah law requirements.
Lease Agreement For Sale
A Saudi Arabian contract combining lease and purchase agreements, allowing tenants to rent property with an option to buy, structured to comply with local law and Sharia principles.
Sale With Buyback Agreement
A Sharia-compliant agreement under Saudi Arabian law governing the sale of an asset with a commitment to repurchase it at a future date and specified price.
Contract To Sell And Contract Of Sale
A Saudi Arabian law-governed agreement combining a promise to sell with the final sale contract, compliant with Sharia law and local commercial regulations.
Retail Installment Sales Contract
A Saudi Arabian law-governed retail installment sales agreement that enables Shariah-compliant purchase of goods through structured installment payments.
Simple Land Purchase Contract
A Sharia-compliant land purchase agreement under Saudi Arabian law facilitating the legal transfer of land ownership between parties.
Export Sales Contract
A Saudi Arabian law-governed contract establishing terms for international sale and export of goods, incorporating both international trade practices and Sharia law principles.
Sale Of Partnership Interest Agreement
A Saudi law-governed agreement documenting the sale and transfer of partnership interests between parties, ensuring compliance with local regulations and Sharia principles.
Buy Sell Agreement Form
A Saudi Arabian law-compliant agreement that formalizes sale transactions between parties, ensuring adherence to both commercial regulations and Sharia principles.
Buy Sale Agreement Form
A Saudi law-governed agreement documenting the sale and purchase of goods or assets, compliant with Sharia principles and local commercial regulations.
Bulk Sale Agreement
A Saudi Arabian law-governed agreement for the sale and purchase of goods or assets in bulk between commercial entities, incorporating local commercial law and Sharia requirements.
Pre Sale Contract
A Sharia-compliant Pre-Sale Contract under Saudi Arabian law establishing terms for property sale before completion, including payment terms and delivery conditions.
Motor Vehicle Contract Of Sale
A Saudi Arabian law-compliant contract for the sale and purchase of motor vehicles, ensuring legal transfer of ownership while meeting local regulatory requirements.
Initial Contract Of Sale
A Saudi Arabian law-governed sale agreement detailing terms and conditions for the transfer of goods or property between parties.
International Sales Representative Agreement
Saudi Arabian law-governed agreement establishing terms for foreign company's sales representation in Saudi Arabia, including territory rights, commissions, and compliance requirements.
Asset Purchase Agreement Form
A Saudi Arabian law-governed agreement for the transfer of assets between parties, compliant with Sharia and local commercial regulations.
Real Estate Contract Form
Standard real estate contract form for property transactions in Saudi Arabia, compliant with Saudi law and Sharia principles.
Simple Purchase Contract
A straightforward purchase agreement template for goods transactions in Saudi Arabia, compliant with Sharia law and local commercial regulations.
Sales Referral Agreement
A Saudi Arabian law-governed agreement establishing terms for business referral services and commission arrangements between a principal and referrer.
Private Sale Agreement
A Sharia-compliant Private Sale Agreement under Saudi Arabian law for transferring ownership of goods or assets between private parties.
Independent Sales Rep Agreement
A Saudi law-governed agreement establishing terms and conditions for independent sales representation, including commission structures and territorial rights.
Power Sales Agreement
A Saudi Arabian law-governed agreement establishing terms for electricity sale and purchase between power generators and purchasers, including delivery, pricing, and regulatory compliance.
Business Purchase Contract
A Saudi Arabian law-governed contract facilitating the formal transfer of business ownership, ensuring compliance with local commercial and Sharia law requirements.
Auto Sales Agreement
A Saudi Arabian law-compliant agreement for the sale and purchase of motor vehicles, incorporating local regulatory requirements and Sharia principles.
Bill Of Sale Agreement
A Saudi Arabian legal document evidencing property transfer from seller to buyer, compliant with local commercial and Sharia law requirements.
Software Sales Agreement
A Saudi Arabian law-governed agreement for software sales and licensing, covering comprehensive terms for software delivery, usage rights, and support services.
Short Sale Contract
A Saudi Arabian law-governed Short Sale Contract establishing terms for securities short selling, compliant with CMA regulations and Islamic finance principles.
Bill Of Sale For Business
A Saudi Arabian legal document that formalizes the transfer of business ownership, assets, and operations from seller to buyer, ensuring compliance with local laws and regulations.
Sales And Service Agreement
A Saudi Arabian law-governed agreement combining product sales and service provision, structured to comply with Sharia law and local commercial regulations.
Forward Sale Contract
A Shariah-compliant forward sale agreement under Saudi Arabian law for advance payment and future delivery of specified goods.
Forward Sale Agreement
A Sharia-compliant Forward Sale Agreement under Saudi Arabian law, establishing terms for advance payment and future delivery of specified goods.
Conditional Sale Agreement
A Sharia-compliant agreement under Saudi Arabian law establishing terms for a sale where ownership transfer is conditional upon specific requirements being met.
Asset Sale Contract
A Saudi law-governed contract for the sale and transfer of assets between parties, compliant with Shariah principles and local regulations.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.