Document background
The Land Purchase Deed is a crucial document used in Saudi Arabian real estate transactions to formally transfer land ownership between parties. It serves as the primary evidence of property rights and must comply with both Saudi civil law and Sharia principles. This document is essential when purchasing any type of land in Saudi Arabia, whether for residential, commercial, or industrial purposes. The deed must include specific elements required by Saudi law, such as detailed property descriptions, party information, and proper authentication by authorized notaries. It needs to be registered with the appropriate authorities and may require additional approvals depending on the property location and buyer's nationality. Foreign investors must ensure compliance with foreign ownership restrictions and obtain necessary permits before executing the Land Purchase Deed.
