Commercial Real Estate Sale Agreement Template for Saudi Arabia

1. Mortgage Release: Required if the property has an existing mortgage that needs to be discharged

2. Tenant Rights: Required if the property is subject to existing lease agreements

3. Development Obligations: Required if the property includes undeveloped land or requires specific development commitments

4. Environmental Compliance: Required for properties with potential environmental concerns or specific environmental requirements

5. Foreign Ownership Approval: Required if the purchaser is a foreign entity requiring government approval

6. Shariah Compliance Declaration: Optional explicit statement of Shariah compliance, often included for international parties

7. Property Management Transition: Required if the property includes ongoing management services or contracts

8. Zoning and Use Restrictions: Required if the property is subject to specific zoning or use limitations

1. Property Details Schedule: Detailed technical description of the property, including plans, measurements, and specifications

2. Title Documents: Copies of title deed and other ownership documentation

3. Payment Schedule: Detailed breakdown of payment installments and timing

4. Due Diligence Results: Summary of property inspection findings and due diligence results

5. Existing Tenancies: Details of any existing lease agreements affecting the property

6. Property Certificates: Copies of relevant certificates, permits, and regulatory approvals

7. Property Plans: Architectural plans, site maps, and location drawings

8. Service Contracts: List and details of ongoing service contracts affecting the property

9. Completion Checklist: List of documents and actions required for completion