Private Home Purchase Agreement Template for Saudi Arabia

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Private Home Purchase Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Private Home Purchase Agreement

"I need a Private Home Purchase Agreement for a Saudi national buying a villa in Riyadh, with completion scheduled for March 2025, including provisions for a Sharia-compliant mortgage and furniture transfer."

Document background

The Private Home Purchase Agreement is a fundamental legal document used in Saudi Arabia for residential property transactions between private parties. It serves as the primary contract for documenting the terms and conditions of property sales, ensuring compliance with Saudi real estate laws, municipality regulations, and Sharia principles. This document is essential when transferring ownership of residential properties, whether they are standalone villas, apartments, or other residential units. It includes crucial details such as property specifications, price, payment terms, warranties, and completion procedures. The agreement must be structured to meet the requirements of the Saudi Ministry of Justice, the Real Estate General Authority, and local municipalities, while also considering recent reforms in the Saudi real estate sector, including the introduction of the real estate transaction tax and electronic registration requirements.

Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, national ID numbers/Iqama numbers, and contact details

2. Background: Brief context of the transaction and confirmation that the seller owns the property and has the right to sell

3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant terms

4. Property Details: Comprehensive description of the property including title deed number, location, size, and boundaries as per official documentation

5. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment in compliance with Sharia law

6. Completion Process: Steps for completing the sale, including property registration, transfer of ownership, and handover procedures

7. Seller's Warranties: Seller's representations regarding property ownership, absence of encumbrances, and compliance with regulations

8. Buyer's Obligations: Buyer's commitments including payment, due diligence, and compliance with registration requirements

9. Property Condition: Statement on the condition of the property and any agreed repairs or modifications

10. Risk and Insurance: Transfer of risk and responsibility for insurance from seller to buyer

11. Termination: Circumstances under which the agreement can be terminated and consequences thereof

12. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction for dispute resolution

Optional Sections

1. Mortgage Arrangements: Include when buyer is obtaining Sharia-compliant financing, detailing the involvement of financial institutions

2. Foreign Ownership Compliance: Required when buyer is non-Saudi, including necessary permits and compliance with foreign ownership laws

3. Property Management Handover: Include for properties within managed compounds or communities

4. Defect Liability Period: Include for newly constructed properties or those with recent major renovations

5. Utilities and Services Transfer: Include when specific arrangements are needed for transfer of utilities and services

6. Furniture and Fixtures: Include when sale includes specific furniture or fixtures

7. Construction Completion: Required for off-plan properties or properties under construction

8. Third-Party Rights: Include when there are existing tenants or other third-party interests

Suggested Schedules

1. Property Title Deed: Copy and details of the official property title deed

2. Property Plans and Drawings: Official architectural plans, boundary drawings, and building permits

3. Inventory List: Detailed list of included fixtures, fittings, and any furniture if applicable

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

5. Property Inspection Report: Technical report on property condition and any identified issues

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

7. Outstanding Utilities Statement: Statement showing any outstanding utility payments

8. Building Completion Certificate: Official certification of building completion and compliance

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Legal Services

Banking & Financial Services

Construction

Property Development

Insurance

Property Management

Urban Planning

Professional Services

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Documentation

Finance

Operations

Risk Management

Customer Relations

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Real Estate Transaction Manager

Contract Administrator

Legal Documentation Specialist

Real Estate Investment Manager

Property Acquisition Manager

Title Registration Officer

Real Estate Finance Manager

Conveyancing Lawyer

Real Estate Operations Director

Find the exact document you need

Agreement Contract To Buy And Sell (Real Estate)

A Sharia-compliant real estate sale agreement under Saudi Arabian law, facilitating the legal transfer of property between seller and buyer.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Private Home Purchase Agreement

Authors

Alex Denne

Find the exact document you need

Agreement Contract To Buy And Sell (Real Estate)

Sale Agreement Letter

Buy Sell Car Agreement Form

Private Home Purchase Agreement

Contract Of Purchase And Sale For Commercial (Real Estate)

Real Estate Purchase And Sale Agreement Form

Purchase Sale Agreement Commercial (Real Estate)

Buy Sell Agreement Life (Insurance)

Agreement For Sale Of Business

Residential Sale Agreement

Real Estate Contract Of Sale

Purchase Price Agreement

Letter Of Intent For Selling Property

Land Agreement Between Buyer And Seller

Commercial Real Estate Offer To Purchase Form

Vacant Land Real Estate Contract

New Construction Purchase And Sale Agreement

Commercial Buy Sell Agreement

Purchase And Resale Agreement

Contract To Sell Lot

Private Land Purchase Agreement

Oil Purchase And Sale Agreement

Agreement For Sale Of Motor Vehicle

Home Buyers Agreement

Buy Sell Agreement For Land

Residential Sale Contract

Purchase Agreement For Camper

Real Estate Simple Letter Of Intent To Sell Property

Hotel Purchase Agreement

Condominium Purchase Agreement

Purchase Agreement Mobile Home Bill Of Sale

Sale Contract Agreement

Purchase Agreement Personal Property

Legal Real Estate Contract

Purchase And Sale Agreement Wholesaling

Oil And Gas Purchase And Sale Agreement

Contract Of Sale Of Motor Vehicle

Vessel Purchase Agreement

Equipment Purchase And Sale Agreement

Assignment Purchase Agreement

Purchase Agreement For Commercial Property

Buyer Seller Contract

Commercial Purchase Agreement

Offer Purchase Contract

Private Purchase Agreement

Letter Of Intent To Buy Land

House Purchase Agreement Form

Letter Of Intent To Sell Business

Installment Purchase Contract

Real Estate Purchase Agreement Addendum

Real Estate Addendum Form

Contract Of Purchase And Sale Addendum

Stock Sale And Purchase Agreement

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases