Deed Of Absolute Sale By Heirs Template for Saudi Arabia

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Key Requirements PROMPT example:

Deed Of Absolute Sale By Heirs

"I need a Deed of Absolute Sale By Heirs for a commercial property in Riyadh being sold by five siblings to a local company, with completion scheduled for March 2025; one heir is based overseas so we need to include power of attorney provisions."

Document background
The Deed of Absolute Sale By Heirs is a crucial legal instrument in Saudi Arabian property transactions where inherited property is being sold. This document is specifically used when multiple heirs of a deceased property owner wish to sell their inherited property to a third party. It must comply with Islamic inheritance principles (Faraid) and Saudi property laws, requiring thorough documentation of inheritance rights, property details, and seller identities. The deed includes essential elements such as property description, purchase price, payment terms, and warranties. It requires authentication by the Ministry of Justice and must be accompanied by supporting documents including death certificates, inheritance certificates, and property registration documents. This type of deed is particularly important in Saudi Arabia's real estate sector, where property transfers involving inherited assets are common and must strictly adhere to both Shariah and civil law requirements.
Suggested Sections

1. Parties: Identification of all heirs as Sellers and the Buyer, including their full legal names, national IDs, and addresses

2. Background: Details of the deceased's ownership, date of death, and establishment of heirs' legal right to sell through inheritance

3. Definitions: Key terms used in the deed including Property, Purchase Price, Completion Date, and relevant Islamic legal terms

4. Property Details: Comprehensive description of the property including location, dimensions, deed number, and registration details

5. Declaration of Ownership: Statement confirming heirs' legal ownership through inheritance and their right to sell

6. Sale and Purchase: Core terms of the sale including the purchase price and payment terms

7. Warranties and Representations: Sellers' warranties regarding their authority to sell, property condition, and absence of encumbrances

8. Completion Requirements: Steps required to complete the transfer of ownership

9. Governing Law and Jurisdiction: Confirmation of Saudi law application and relevant court jurisdiction

10. Execution: Signature block for all heirs and buyer, with witness requirements

Optional Sections

1. Property History: Include when the property has multiple previous transfers or complex ownership history

2. Court Approval: Required when any heir is a minor or legally incapacitated

3. Power of Attorney: Include when any heir is acting through an authorized representative

4. Spousal Consent: Include when required by family status of any heir

5. Existing Tenancies: Include when the property is subject to ongoing lease agreements

6. Tax Declarations: Include when specific tax implications need to be addressed

7. Foreign Ownership Compliance: Required when the buyer is a foreign national or entity

Suggested Schedules

1. Property Title Deed: Copy of original property ownership documentation

2. Death Certificate: Official death certificate of the original property owner

3. Inheritance Certificate: Official document showing distribution of inheritance shares

4. Property Plans: Official plans showing property boundaries and dimensions

5. Heirs' Identification Documents: Copies of national IDs or relevant identification documents of all heirs

6. Court Orders: Any relevant court orders confirming inheritance rights or approving sale

7. Payment Receipts: Documentation of purchase price payment and method

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

Legal Services

Islamic Banking

Property Development

Construction

Public Sector

Notary Services

Financial Services

Property Management

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Documentation

Risk Management

Islamic Banking

Client Services

Registration

Corporate Affairs

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Notary Public

Real Estate Agent

Property Registrar

Compliance Officer

Islamic Law Consultant

Title Officer

Real Estate Transaction Manager

Legal Documentation Specialist

Property Rights Specialist

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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