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Deed Of Sale With Special Power Of Attorney
"I need a Deed of Sale with Special Power of Attorney for transferring ownership of a commercial warehouse in Riyadh, granting my local representative ongoing authority to manage property-related matters and complete the sale transaction scheduled for March 2025."
1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and ID/commercial registration numbers
2. Background: Context of the sale and power of attorney arrangement, including reference to any prior agreements or circumstances
3. Definitions: Key terms used throughout the deed, including Property, Power of Attorney, Principal, Attorney, etc.
4. Property Details: Comprehensive description of the property being sold, including title deed number, location, boundaries, and area
5. Sale Agreement: Terms of the sale including price, payment terms, and transfer of ownership declarations
6. Power of Attorney Grant: Explicit grant of power of attorney, specifying the scope of authority given
7. Attorney Powers and Limitations: Detailed list of powers granted to the attorney and any restrictions on those powers
8. Warranties and Representations: Seller's warranties regarding property ownership, condition, and authority to sell
9. Completion Requirements: Steps required to complete the property transfer and registration
10. Governing Law and Jurisdiction: Confirmation of Saudi law application and relevant court jurisdiction
11. Execution: Formal execution block including space for official authentication
1. Property Inspection: Details of property inspection if conducted, used when buyer has performed due diligence
2. Encumbrances: Declaration of any existing mortgages or liens, included if property has any registered encumbrances
3. Third Party Consents: Required third-party approvals, included when property transfer requires external authorization
4. Attorney Compensation: Terms of attorney compensation if any, included when attorney is to be paid for services
5. Termination of Power: Conditions for terminating the power of attorney, included when specific termination triggers are desired
6. Islamic Finance Provisions: Specific provisions for Sharia-compliant financing, included when Islamic financing is involved
1. Property Title Documents: Copies of title deed and other ownership documentation
2. Property Plans: Official plans and surveys of the property
3. Payment Schedule: Detailed schedule of payment terms and installments if applicable
4. Power of Attorney Certificate: Official power of attorney documentation and authentication
5. Identity Documents: Copies of parties' identification documents and commercial registrations
6. Property Photographs: Recent photographs of the property if relevant
Authors
Real Estate
Legal Services
Banking & Finance
Property Development
Construction
Investment & Asset Management
Professional Services
Government & Public Sector
Islamic Finance
Retail Property
Legal
Real Estate
Compliance
Corporate Secretariat
Property Management
Business Development
Investment
Documentation
Risk Management
Islamic Banking
Legal Counsel
Property Manager
Real Estate Agent
Compliance Officer
Contract Manager
Property Developer
Investment Manager
Corporate Secretary
Business Development Manager
Legal Documentation Specialist
Real Estate Transaction Manager
Power of Attorney Administrator
Property Registration Officer
Islamic Finance Advisor
Asset Manager
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