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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."
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
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
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
Appendices
Applicable Laws
Business Day
Buyer
Closing Date
Completion
Consideration
Deed Number
Effective Date
Encumbrances
Government Authority
Land
Municipality
Notary Public
Parties
Permitted Use
Plot Number
Property
Property Documents
Property Plan
Purchase Price
Real Estate Register
Registration Authority
Regulatory Approvals
Seller
Shariah
Title Deed
Transfer Date
Transfer of Ownership
Warranties
Zoning Requirements
Sale and Purchase
Consideration
Payment Terms
Transfer of Title
Seller's Warranties
Property Condition
Encumbrances
Registration Requirements
Regulatory Compliance
Shariah Compliance
Property Inspection
Title Confirmation
Possession and Risk
Municipal Compliance
Representation and Warranties
Further Assurance
Costs and Expenses
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Force Majeure
Assignment
Third Party Rights
Amendment
Counterparts
Real Estate
Construction
Banking & Finance
Hospitality
Retail
Industrial
Commercial Property
Residential Property
Agriculture
Healthcare
Education
Religious Institutions
Government & Public Sector
Legal
Real Estate
Compliance
Property Management
Facilities Management
Corporate Affairs
Investment
Operations
Risk Management
Business Development
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
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