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Deed Of Absolute Sale With Special Power Of Attorney

Deed Of Absolute Sale With Special Power Of Attorney Template for Saudi Arabia

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Key Requirements PROMPT example:

Deed Of Absolute Sale With Special Power Of Attorney

"I need a Deed of Absolute Sale with Special Power of Attorney for the transfer of a commercial property in Riyadh, where I'll be granting my brother power of attorney to handle all aspects of the sale and subsequent property management as I'm relocating overseas in March 2025."

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Document background
The Deed of Absolute Sale With Special Power of Attorney is a critical legal instrument used in Saudi Arabian property transactions where one party requires representation powers alongside the property transfer. This document is particularly valuable when the buyer or seller cannot be physically present for all aspects of the transaction or requires ongoing representation for related matters. It combines the elements of a complete property transfer with the delegation of specific legal powers, all while ensuring compliance with Saudi Arabian law and Sharia principles. The document is commonly used in both commercial and residential property transactions, requiring careful attention to local registration requirements, notarization procedures, and Islamic finance principles. It must include comprehensive property details, clear power of attorney provisions, and meet all local regulatory requirements for property transfer and legal representation.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with complete legal names, nationalities, IDs, and addresses

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

3. Definitions: Key terms used throughout the deed including Property, Purchase Price, Completion Date, etc.

4. Property Details: Comprehensive description of the property including location, boundaries, title deed number, and size

5. Consideration: Purchase price, payment terms, and confirmation of receipt

6. Warranties and Representations: Seller's warranties regarding ownership, absence of encumbrances, and legal authority to sell

7. Special Power of Attorney: Specific powers granted to the attorney-in-fact, including scope and limitations

8. Transfer of Ownership: Express provision transferring absolute ownership to the buyer

9. Registration and Documentation: Requirements for property registration and transfer of title

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

11. Execution: Formal execution block including witness requirements and notarization

Optional Sections

1. Conditions Precedent: Used when there are specific conditions that must be met before completion

2. Property Inspection: Include when the buyer needs to confirm property condition before completion

3. Utility Transfers: Required when utilities need to be transferred as part of the sale

4. Tax Provisions: Include when there are specific tax implications to be addressed

5. Succession Rights: Required when addressing inheritance aspects under Islamic law

6. Dispute Resolution: Optional mechanism for resolving disputes, if parties wish to specify particular procedures

7. Language: Required when document needs to be in both Arabic and English

Suggested Schedules

1. Property Title Deed: Copy of original title deed and registration details

2. Property Plans: Official plans showing property boundaries and measurements

3. Payment Schedule: If payment is to be made in installments

4. Property Photographs: Recent photographs documenting current condition

5. Identification Documents: Copies of parties' ID cards or other official identification

6. Powers of Attorney: Any existing powers of attorney relevant to the transaction

7. Municipality Certificates: Relevant certificates from local authorities regarding property status

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

Construction

Property Development

Banking & Finance

Legal Services

Investment & Asset Management

Islamic Finance

Property Management

Urban Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Contract Administration

Document Control

Corporate Services

Investment

Risk Management

Islamic Banking

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Real Estate Agent

Property Developer

Compliance Officer

Title Officer

Contract Manager

Real Estate Investment Manager

Islamic Finance Advisor

Legal Documentation Specialist

Property Registration Officer

Real Estate Transaction Coordinator

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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