Sale And Purchase Deed

Sale And Purchase Deed Template for Saudi Arabia

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Sale And Purchase Deed

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Sale and Purchase Deed for a commercial warehouse property in Riyadh Industrial City, where the buyer is a foreign manufacturing company requiring special permits, with completion scheduled for March 2025."

Document background

The Sale and Purchase Deed is a crucial legal instrument in Saudi Arabian property transactions, used whenever real estate ownership is transferred between parties. This document is essential for both commercial and residential property transfers and must strictly comply with Saudi law and Sharia principles. The deed includes comprehensive details about the property, parties involved, purchase price, payment terms, and conditions of sale. It requires proper authentication by authorized authorities and subsequent registration with relevant government bodies. The document is particularly important as it serves as the primary evidence of ownership transfer and must meet specific requirements set by the Real Estate General Authority (REGA) and local municipalities. Use of this deed type is mandatory for all property transfers in Saudi Arabia, whether involving individuals, corporations, or other legal entities.

Suggested Sections

1. Parties: Full identification of the Seller and Buyer, including their legal names, official ID numbers, and contact details as required by Saudi regulations

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

3. Definitions: Definitions of key terms used throughout the deed

4. Property Description: Detailed description of the property including its location, boundaries, dimensions, and title deed number

5. Sale Price and Payment Terms: The agreed purchase price, payment method, and timing of payments

6. Property Ownership and Title: Confirmation of the Seller's ownership and right to sell, including details of the existing title deed

7. Warranties and Representations: Seller's warranties regarding property ownership, absence of encumbrances, and compliance with regulations

8. Transfer of Ownership: Process and timing for the transfer of ownership and registration with relevant authorities

9. Taxes and Fees: Allocation of responsibility for various taxes, registration fees, and other costs

10. Handover: Terms and timing for the physical handover of the property

11. Governing Law: Confirmation that the deed is governed by Saudi Law and Sharia principles

12. Execution: Signature blocks and attestation requirements as per Saudi law

Optional Sections

1. Conditions Precedent: Specific conditions that must be met before the sale can complete, used when there are pending requirements

2. Mortgage Details: Required when the property is being purchased with mortgage financing

3. Foreign Ownership Compliance: Required when the buyer is a non-Saudi national or entity

4. Property Management During Transition: Used when there is a gap between sale and handover requiring interim management arrangements

5. Existing Tenancies: Required when the property is sold with sitting tenants

6. Development Obligations: Used when the property comes with specific development requirements or restrictions

7. Dispute Resolution: Optional detailed dispute resolution procedures, though typically governed by Saudi courts

Suggested Schedules

1. Property Plans and Drawings: Official plans, surveys, and drawings of the property

2. Title Documents: Copies of existing title deed and related ownership documents

3. Property Photographs: Recent photographs documenting the current state of the property

4. Inventory: List of any fixtures, fittings, or contents included in the sale

5. Payment Schedule: Detailed breakdown of payment installments if not paid in full at completion

6. Municipality Certificates: Copies of relevant certificates and permits from local authorities

7. Due Diligence Reports: Technical, legal, or environmental reports relied upon for the sale

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Commercial Property

Residential Property

Industrial Property

Retail

Hospitality

Agriculture

Manufacturing

Banking and Finance

Construction and Development

Infrastructure

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Facilities Management

Asset Management

Investment

Operations

Finance

Risk Management

Administrative Services

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Asset Manager

Facilities Manager

Investment Manager

Property Administrator

Contract Manager

Real Estate Director

Chief Legal Officer

Property Acquisition Manager

Real Estate Investment Analyst

Find the exact document you need

Simple Buy Sell Agreement (Real Estate)

A Saudi Arabian law-governed agreement for the sale and purchase of real estate property, outlining key terms and conditions while ensuring compliance with local regulations and Sharia principles.

������Ƶ

How a Sales & Marketing Lead uses ������Ƶ to reduce contract drafting time by 95%

Let's create your Sale And Purchase Deed

Authors

Alex Denne

Find the exact document you need

Simple Buy Sell Agreement (Real Estate)

Buy And Sell Agreement (Real Estate)

Simple Purchase Agreement For House

Agreement To Buy And Sell (Real Estate)

Agreement To Purchase Property

Contract For The Sale And Purchase Of (Real Estate)

Buy And Sell Agreement Life (Insurance)

Shop Sales Agreement

Agreement For Purchase Of Goods

Sell And Purchase Agreement

Agreement Of Sale Of Immovable Property

Used Car Sale Contract

Sale And Purchase Agreement Of Shares

Home For Sale By Owner Contract

Simple Land Sale Agreement

Sales With Buyback Agreement

Purchase Agreement For Sale By Owner

Buy Sell Agreement For Small Business

Business Buy Out Agreement

Used Car Buy Sell Agreement

Simple Residential Purchase Agreement

Contract To Buy And Sell Real Estate Residential

Residential Purchase And Sale Agreement

Agreement For The Sale Of A Business

Immovable Property Sale Agreement

Lot Land Purchase And Sale Agreement

Private Home Sale Contract

Stock Purchase And Sale Agreement

Simple Agreement Of Sale

Buy Sell Agreement Between Co Owners Of Real Property

Agreement For Flat Purchase

Private Property Sale Agreement

Simple Purchase And Sale Agreement

Bill Of Sale For Asset Purchase Agreement

Agreement To Purchase Contract

Deed Of Agreement For Sale Of Land

Shareholder Buy Sell Agreement

Sale And Purchase Deed

Apartment Sales Contract

Simple Vacant Land Purchase Agreement

Offer And Agreement To Purchase

Land Purchase And Sale Agreement

Sell Buy Back Agreement

Property Sale Contract

Commercial Sales Contract

Agreement For Sale And Sale Deed

Real Property Sales Contract

Agreement Of Sale Contract

Sale And Buy Back Agreement

Business Purchase And Sale Agreement

Sale Of Shares Agreement

Buy And Sell Contract

Buy And Sell Agreement

Sales And Purchase Agreement Of Goods

Purchase Sale Agreement

Partnership Buyout Agreement

Land Sale Contract

Asset Purchase And Sale Agreement

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise