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Deed Of Sale Of Land Template for Saudi Arabia

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Key Requirements PROMPT example:

Deed Of Sale Of Land

"I need a Deed of Sale of Land for transferring a 5,000 square meter industrial plot in Riyadh Industrial City from my company to a foreign manufacturing corporation, with completion scheduled for March 2025, including specific provisions for foreign ownership compliance and industrial zoning requirements."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Authors

Alex Denne

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

Relevant legal definitions






























Clauses






























Relevant Industries

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

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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