The Mobile And Manufactured Home Purchase Agreement And Sales Contract is essential for transactions involving prefabricated or manufactured housing units in Saudi Arabia. This document is typically used when individuals or companies purchase mobile or manufactured homes from dealers or manufacturers, ensuring compliance with Saudi Arabian law and Sharia principles. It covers crucial aspects such as property specifications, payment terms, delivery conditions, and installation requirements. The agreement is particularly important in the Saudi Arabian context where housing development is rapidly growing and manufactured homes provide a practical housing solution. It includes provisions for regulatory compliance, quality standards, and municipal requirements while ensuring all financial arrangements are Sharia-compliant. The document serves both residential and commercial purposes, protecting the interests of all parties involved in the transaction.
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1. Parties: Identification of the seller and buyer with complete contact details and legal capacity
2. Background: Context of the transaction and brief description of the manufactured home being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the manufactured home including make, model, year, serial number, and dimensions
5. Purchase Price and Payment Terms: Total purchase price, payment schedule, and method of payment in compliance with Sharia principles
6. Delivery and Installation: Terms and conditions for delivery, setup, and installation of the manufactured home
7. Title and Ownership: Details regarding transfer of title and ownership documentation
8. Warranties and Representations: Manufacturer's warranties and seller's representations regarding the condition of the home
9. Inspection Rights: Buyer's rights to inspect the property before completion
10. Regulatory Compliance: Confirmation of compliance with Saudi building codes and local regulations
11. Default and Remedies: Consequences of default by either party and available remedies
12. Governing Law: Confirmation that Saudi law and Sharia principles govern the agreement
13. Notices: How formal communications between parties should be made
14. Entire Agreement: Standard clause confirming this document represents the complete agreement between parties
1. Financing Contingency: Include when buyer's purchase is contingent on obtaining Sharia-compliant financing
2. Land Lease Terms: Include when the manufactured home will be placed on leased land
3. Insurance Requirements: Include when specific insurance requirements are needed before or after installation
4. Utility Connections: Include when responsibility for utility connections needs to be specified
5. Trade-In Terms: Include when buyer is trading in an existing manufactured home
6. Site Preparation: Include when specific site preparation requirements need to be detailed
7. Customization Options: Include when buyer is ordering custom features or modifications
1. Schedule A - Technical Specifications: Detailed technical specifications of the manufactured home
2. Schedule B - Inventory of Fixtures and Appliances: Complete list of included fixtures, appliances, and accessories
3. Schedule C - Site Plan: Layout and placement plan for the manufactured home
4. Schedule D - Warranty Documents: Copies of manufacturer's warranties and guarantees
5. Schedule E - Payment Schedule: Detailed breakdown of payment installments and due dates
6. Schedule F - Installation Requirements: Specific requirements and standards for installation
7. Appendix 1 - Required Permits: Copies of all required permits and regulatory approvals
8. Appendix 2 - Inspection Reports: Pre-delivery inspection reports and certificates
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