Purchase Sale Agreement Commercial (Real Estate) Template for Saudi Arabia

1. Foreign Ownership Provisions: Required when buyer is non-Saudi, addressing specific foreign ownership requirements

2. Financing Provisions: Required when purchase involves bank financing or installment payments

3. Property Management During Transition: Required for properties with existing tenants or ongoing operations

4. Environmental Provisions: Required for industrial properties or where environmental concerns exist

5. Development Rights: Required when property includes undeveloped land or development potential

6. Existing Tenancies: Required when property is sold subject to existing lease agreements

7. Shariah Compliance Declaration: Optional enhanced section for explicit Shariah compliance confirmation

8. Force Majeure: Optional expanded provisions for force majeure events

9. Arbitration: Optional alternative dispute resolution mechanism

1. Property Description Schedule: Detailed legal description of property, including boundaries and coordinates

2. Title Documents Schedule: List of all title documents and ownership history

3. Payment Schedule: Detailed breakdown of payment terms and dates

4. Due Diligence Results: Summary of technical, legal, and financial due diligence findings

5. Existing Contracts Schedule: List of contracts affecting the property that will be transferred

6. Property Condition Report: Technical assessment of property condition

7. Required Permits Schedule: List of permits and licenses related to the property

8. Completion Requirements Checklist: Detailed list of documents and actions required for completion