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The Down Payment Gift Letter is a crucial document in Saudi Arabian real estate transactions where property buyers receive monetary gifts to assist with their down payment. This document is typically required by mortgage lenders and property developers to verify the source of down payment funds and ensure compliance with both civil and Islamic law requirements. The letter must conform to Saudi Arabian banking regulations, anti-money laundering laws, and Sharia principles regarding gifts (Hiba). It should clearly state the non-repayment nature of the gift, include complete identification of all parties, specify the gift amount and intended property, and provide necessary declarations about the source of funds. This document is particularly important in the context of family property purchases and must be properly authenticated according to local legal requirements.

1. Letter Date and Location: Date and place of writing the letter, including the Islamic calendar date

2. Donor Information: Complete identification details of the person giving the gift, including full legal name, national ID number, and contact information

3. Recipient Information: Complete identification details of the person receiving the gift, including full legal name, national ID number, and contact information

4. Gift Amount Declaration: Clear statement of the monetary gift amount in both numbers and words, including currency

5. Property Information: Details of the property for which the down payment gift is intended

6. Gift Purpose Statement: Explicit statement that the money is a gift for property down payment with no expectation of repayment

7. Source of Funds Declaration: Statement confirming the legitimate source of the gifted funds (for AML compliance)

8. Signatures and Authentication: Space for signatures of donor and recipient, with witness provisions