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Quick Sale Deed
"I need a Quick Sale Deed for the transfer of a commercial warehouse property in Riyadh Industrial City, where the buyer is a foreign corporation requiring special permits, with completion scheduled for March 2025."
1. Parties: Identification of the seller and buyer with complete legal names, national ID numbers/Iqama numbers, and contact details
2. Property Details: Comprehensive description of the property including its location, boundaries, size, and deed number
3. Consideration: Statement of the agreed purchase price and payment terms
4. Transfer Declaration: Clear statement of transfer of ownership from seller to buyer
5. Seller's Warranties: Declarations regarding property ownership, absence of encumbrances, and legal authority to sell
6. Property Handover: Terms and timing of physical possession transfer
7. Registration: Commitment to complete official registration with relevant authorities
8. Governing Law: Confirmation that the deed is governed by Saudi Arabian law and Sharia principles
9. Execution: Signature blocks for parties and witnesses as required by Saudi law
1. Foreign Ownership Declaration: Required when buyer is a non-Saudi national, confirming compliance with foreign ownership regulations
2. Power of Attorney: Needed when either party is represented by an agent
3. Mortgage Release: Required when property has existing mortgage that needs to be discharged
4. Municipal Approvals: When property transfer requires specific municipal clearances
5. Special Conditions: Any unique terms or conditions specific to the transaction
1. Property Title Documents: Copies of original deed and property ownership history
2. Property Plans: Official surveyor's plans and property boundaries
3. Identity Documents: Copies of parties' ID cards or relevant corporate documents
4. Payment Receipts: Evidence of purchase price payment and any deposits
5. Municipal Certificates: Relevant clearances and certificates from municipal authorities
6. Property Photographs: Recent photographs of the property and its boundaries
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Investment
Municipal Services
Islamic Finance
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Property Management
Corporate Services
Documentation
Investment
Risk Management
Operations
Administrative Support
Real Estate Manager
Property Lawyer
Legal Counsel
Compliance Officer
Property Developer
Real Estate Agent
Title Officer
Conveyancing Manager
Property Investment Manager
Contract Administrator
Legal Document Specialist
Real Estate Transaction Coordinator
Property Rights Specialist
Notary Public
Municipal Officer
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