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Registered Sale Deed

Registered Sale Deed Template for Saudi Arabia

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Key Requirements PROMPT example:

Registered Sale Deed

"I need a Registered Sale Deed for the transfer of a commercial warehouse property in Riyadh Industrial City from my company to a foreign corporate buyer, with completion scheduled for March 2025, including specific conditions about existing tenant rights and environmental compliance requirements."

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Document background
The Registered Sale Deed is a crucial legal document used in Saudi Arabian property transactions to formalize and record the transfer of real estate ownership. This document type is mandatory for all property sales in Saudi Arabia and must be registered with the appropriate government authorities to be legally valid. The deed contains essential information about the property being sold, including its location, boundaries, and specifications, along with details of the parties involved in the transaction. It must comply with both civil law requirements and Islamic Sharia principles, which govern all property transactions in the Kingdom. The document includes various mandatory declarations, warranties, and acknowledgments, and requires official authentication by a Notary Public. It serves as the primary evidence of ownership and is necessary for any subsequent dealings with the property, including resale, mortgage, or development.
Suggested Sections

1. Document Title and Date: Official title of the deed, date in both Gregorian and Hijri calendars, and deed registration number

2. Parties: Full legal identification of seller(s) and buyer(s) including ID numbers, addresses, and capacity to contract

3. Property Details: Comprehensive description of the property including title deed number, location, boundaries, size, and type

4. Sale Declaration: Clear statement of sale and transfer of ownership in accordance with Sharia principles

5. Consideration: Purchase price, payment terms, and confirmation of receipt

6. Property Condition and Warranties: Statement of property condition and seller's warranties regarding ownership and encumbrances

7. Possession and Risk: Date of possession transfer and assumption of risk

8. Tax Declarations: Statements regarding Real Estate Transaction Tax (RETT) payment and responsibilities

9. Legal Compliance: Declarations of compliance with relevant laws and regulations

10. Authentication: Official notarization and registration statements

Optional Sections

1. Mortgage Details: Required if the property is subject to any existing mortgage or if the purchase is financed through a new mortgage

2. Power of Attorney: Required if any party is acting through an agent

3. Development Obligations: Required for undeveloped land with specific development conditions

4. Third Party Rights: Required if there are any existing tenancies or other third-party rights

5. Foreign Ownership Declaration: Required if the buyer is a non-Saudi national or entity

6. Special Conditions: Required when there are specific conditions attached to the sale

7. Municipality Approvals: Required for properties requiring specific municipal permits or approvals

Suggested Schedules

1. Property Title Deed: Copy of the original title deed and registration details

2. Property Plans: Approved plans showing property boundaries and specifications

3. Payment Records: Documentation of purchase price payment and tax payment receipts

4. Identity Documents: Copies of parties' identification documents and any necessary powers of attorney

5. Municipal Certificates: Relevant municipal certificates and clearances

6. Property Photographs: Recent photographs of the property documenting its condition

7. Previous Deeds: Copies of previous transfer deeds if relevant to the current transaction

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Property
Title Deed
Completion Date
Consideration
Effective Date
Encumbrances
Hijri Date
Gregorian Date
Land Registry
Municipal Approvals
Notary Public
Ownership Rights
Permitted Use
Property Registration Office
Purchase Price
Real Estate Transaction Tax
Registration Requirements
Relevant Authority
Sale Declaration
Sharia Compliance
Title Documents
Transfer Date
Warranties
Zoning Requirements
Beneficial Owner
Business Day
Completion
Deposit
Due Diligence
Material Adverse Effect
Possession Date
Property Plans
Registration Fee
Surviving Provisions
Third Party Rights
Utility Services
Vacant Possession
Clauses
Property Description
Sale Declaration
Consideration and Payment
Transfer of Title
Possession and Delivery
Seller's Warranties
Property Condition
Encumbrances
Registration Requirements
Tax Obligations
Municipal Compliance
Utilities and Services
Risk Transfer
Legal Compliance
Sharia Compliance
Title Verification
Third Party Rights
Property Use
Regulatory Approvals
Dispute Resolution
Force Majeure
Notices
Governing Law
Authentication
Prior Agreements
Severability
Further Assurance
Entire Agreement
Relevant Industries

Real Estate

Banking & Finance

Construction

Commercial Property

Residential Property

Industrial Property

Retail

Hospitality

Agriculture

Religious Institutions

Education

Healthcare

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Secretariat

Finance

Risk Management

Operations

Documentation

Administration

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Notary Public

Title Registrar

Banking Officer

Mortgage Specialist

Real Estate Investment Manager

Property Valuation Specialist

Corporate Secretary

Legal Administrator

Real Estate Transaction Coordinator

Industries
Real Estate Registration Law: Royal Decree No. M/6 governing the registration of real estate properties, their documentation, and transfer procedures in Saudi Arabia
Notary Public Law: Royal Decree No. M/11 regulating the authentication and certification of legal documents including property deeds
Sharia Law principles on Sales (Bay'): Islamic legal principles governing sales transactions, including requirements for valid contracts, prohibited transactions, and ethical considerations
Municipal and Rural Affairs Ministry Regulations: Regulations concerning property zoning, land use, and building specifications that must be verified in property transfers
Real Estate Transaction Tax (RETT): Royal Order A/84 implementing 5% tax on real estate transactions, which must be considered in the sale deed
Anti-Money Laundering Law: Royal Decree No. M/20 requiring verification of fund sources and buyer identity in property transactions
Electronic Transactions Law: Royal Decree No. M/18 governing electronic documentation and signatures if applicable in the registration process
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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