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Conveyance Sale Deed Template for Saudi Arabia

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Key Requirements PROMPT example:

Conveyance Sale Deed

"I need a Conveyance Sale Deed for transferring ownership of a commercial warehouse in Riyadh Industrial City from my company to a foreign corporate buyer, with completion scheduled for March 2025, including specific provisions for foreign ownership approval and environmental compliance."

Document background
The Conveyance Sale Deed is a crucial legal instrument used in Saudi Arabia for documenting and executing the transfer of real property ownership. It is required whenever there is a sale and purchase of real estate, whether for residential, commercial, or industrial purposes. The document must conform to strict requirements under Saudi law, including compliance with Shariah principles, the Real Estate Registration Law, and various municipal regulations. It contains essential elements such as precise property descriptions, party details, consideration amount, and transfer terms. This deed serves as the official record of property transfer and must be registered with relevant authorities to perfect the transfer of ownership. It's particularly important in Saudi Arabia's developing real estate market, where proper documentation and clear ownership records are essential for property rights protection and market stability.
Suggested Sections

1. Parties: Full identification of the Seller and Buyer including their legal names, national ID numbers/CR numbers, and addresses as required by Saudi regulations

2. Background: Brief context of the transfer and confirmation of the Seller's legitimate ownership and right to sell

3. Definitions: Key terms used in the deed including Property, Transfer Date, and Consideration

4. Property Description: Detailed description of the property including its location, boundaries, dimensions, and deed number as registered with the relevant authorities

5. Consideration: Purchase price, payment terms, and confirmation of receipt in compliance with Shariah requirements

6. Transfer of Ownership: Express terms of transfer and the exact date when ownership passes to the Buyer

7. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and compliance with zoning laws

8. Registration and Transfer Procedures: Steps to be taken for official registration and transfer of title

9. Governing Law and Jurisdiction: Confirmation of Saudi law application and relevant court jurisdiction

10. Execution: Formal execution block including witness requirements and notarization provisions

Optional Sections

1. Conditions Precedent: Used when the transfer is subject to specific conditions being met before completion

2. Property Contents: Required when the sale includes specific fixtures, fittings, or other contents

3. Third Party Rights: Needed when there are existing tenants or other rights holders

4. Tax Provisions: Required when specific tax considerations need to be addressed

5. Environmental Matters: Necessary for properties with potential environmental issues or specific environmental requirements

6. Development Rights: Required when the property includes specific development rights or restrictions

7. Foreign Ownership Provisions: Required when either party is non-Saudi and special permissions are needed

Suggested Schedules

1. Property Plan: Official survey plan or property drawings as registered with authorities

2. Title Documents: Copies of existing title deeds and registration documents

3. Property Photographs: Current photographs of the property for identification purposes

4. Payment Schedule: If payment is to be made in installments or subject to conditions

5. Property Contents Inventory: Detailed list of included fixtures and fittings if applicable

6. Regulatory Approvals: Copies of relevant permits, licenses, and governmental approvals

7. Previous Title Documents: Historical chain of ownership documents

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

Relevant legal definitions
































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Relevant Industries

Real Estate

Construction

Banking & Finance

Hospitality

Retail

Industrial

Commercial Property

Residential Property

Agriculture

Healthcare

Education

Religious Institutions

Government & Public Sector

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Facilities Management

Corporate Affairs

Investment

Operations

Risk Management

Business Development

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Compliance Officer

Real Estate Director

Property Developer

Facilities Manager

Real Estate Investment Manager

Title Officer

Real Estate Agent

Corporate Lawyer

Notary Public

Land Registry Officer

Real Estate Transaction Coordinator

Asset Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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