Apartment Deed Template for Saudi Arabia

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Key Requirements PROMPT example:

Apartment Deed

"I need an Apartment Deed for a three-bedroom luxury apartment in Riyadh's Al Olaya district, with the deed reflecting a staggered payment plan extending until March 2025 and including specific provisions for two designated parking spaces."

Document background
An Apartment Deed is the primary legal instrument used in Saudi Arabia for documenting and transferring ownership of residential apartment units. This document is essential when purchasing or selling an apartment and must be registered with the Real Estate Registration Authority to be legally valid. The deed includes crucial information such as the exact specifications of the property, ownership rights, common area allocations, and payment details. It must comply with Saudi Arabia's Real Estate Registration Law, municipal regulations, and Shariah principles. The document is particularly important in urban areas where apartment living is common, and its format and content are strictly regulated to ensure legal certainty and protect property rights. Recent reforms under Saudi Vision 2030 have further standardized the documentation process, making apartment deeds more comprehensive and secure.
Suggested Sections

1. Title and Registration Details: Official deed number, date of issuance, and registration authority information

2. Parties: Full identification of seller and buyer including their official ID numbers, addresses, and capacities

3. Property Description: Detailed description of the apartment including unit number, floor, building name/number, exact measurements, and boundaries

4. Location and Address: Complete address including district, city, postal code, and GPS coordinates if available

5. Ownership Rights: Clear statement of full ownership transfer and any associated rights

6. Common Areas: Description of shared facilities and the unit's percentage share in common areas

7. Price and Payment: Purchase price, payment details, and confirmation of payment completion

8. Legal Declarations: Statements confirming property is free from encumbrances, disputes, and compliance with regulations

9. Possession and Handover: Date of possession transfer and condition of the property

10. Governing Law: Reference to Saudi law and Shariah compliance

Optional Sections

1. Mortgage Details: Include when the property has an existing mortgage or is being purchased with mortgage financing

2. Foreign Ownership Approval: Required when the buyer is a non-Saudi national, including necessary permits

3. Power of Attorney: Include when any party is represented by an agent or proxy

4. Development Agreement: Include for new developments with ongoing construction or community development obligations

5. Utility Connections: Details of utility accounts and connections when specifically agreed to be included in the deed

6. Parking Allocation: Specific details about parking spaces when they are separately titled or specifically allocated

Suggested Schedules

1. Floor Plan: Detailed architectural plan showing the apartment layout and measurements

2. Title Search Report: Official extract from the land registry showing ownership history and encumbrances

3. Building Permits: Copies of relevant building permits and completion certificates

4. Property Photographs: Documentary photographs of the property and its condition at time of sale

5. Common Area Schedule: Detailed list of common facilities and allocation of shares

6. Payment Records: Official documentation of payment transactions and clearance

7. Municipality Certificates: Relevant certificates showing compliance with local regulations

Authors

Alex Denne

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

Relevant legal definitions
Relevant Industries

Real Estate

Banking and Finance

Legal Services

Construction

Property Development

Property Management

Insurance

Public Sector

Islamic Finance

Urban Development

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Documentation

Housing

Asset Management

Investment

Development

Registration

Title Services

Relevant Roles

Real Estate Agent

Property Lawyer

Legal Counsel

Property Manager

Real Estate Developer

Compliance Officer

Title Registration Officer

Mortgage Officer

Property Valuation Specialist

Real Estate Investment Manager

Housing Program Manager

Urban Planning Officer

Legal Documentation Specialist

Property Rights Consultant

Real Estate Transaction 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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