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The Land Sale Agreement Form is a crucial legal document used in Saudi Arabia for conducting land property transactions in compliance with both civil law and Sharia principles. This document is essential when transferring ownership of land between parties, whether for personal, commercial, or investment purposes. It incorporates all necessary elements required by Saudi Arabian real estate laws, including the Real Estate Registration Law of 2002 and various municipal regulations. The agreement is structured to ensure that all aspects of the transaction are properly documented, from property specifications and payment terms to regulatory compliance and registration requirements. It is particularly important in the Saudi Arabian context where land transactions must adhere to specific local requirements, including restrictions on foreign ownership and compliance with Islamic financing principles.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and official identification numbers

2. Background: Context of the sale and brief description of the property being transferred

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

4. Property Details: Comprehensive description of the land including exact measurements, boundaries, deed number, and location

5. Purchase Price: Agreed purchase price and payment terms, structured to comply with Sharia law principles

6. Payment Terms: Details of payment schedule, deposit requirements, and method of payment

7. Completion Requirements: Conditions to be met before completion, including documentation and regulatory approvals

8. Transfer of Ownership: Process and requirements for legal transfer of title

9. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and property condition

10. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with relevant laws

11. Registration: Requirements and process for registering the transfer with relevant authorities

12. Notices: Process for serving notices between parties

13. Governing Law: Confirmation of Saudi law and Sharia principles as governing law

14. Dispute Resolution: Process for resolving disputes under Saudi law