اللائحة العقارية والبلدية للمدن والمناطق الاقتصادية الخاصة لعام 1433هـ

a. 60/24/7: That all services will be delivered within a period not exceeding sixty (60) minutes, twenty-four (24) hours a day, throughout the week. b. Appurtenant: Relating to adjacent real estate. c. Caveats: A formal notice of an unregistered interest in real estate. Once lodged with the Land Registry, this notice prevents the Land Registry from recording any dealing affecting the estate or the interested claimant. d. Covenant: A promise made in a deed or implied by law that real estate will be used or not used in a certain way, or imposing obligations on the landowner. e. Defeasible Estate: An estate that may come to an end before its maximum duration has run because of the operation of a special limitation, condition, or the failure to fulfill specified obligations. f. Dues, Fees: Any charge made to users. g. Easement: An interest in land which is owned by a person who is not the primary land owner, or attached to a separate deed or land, consisting in the right to use or control the land, or an area above or below it, for a specific limited purpose. h. Economic Cities Authority ("ECA"): The Economic Cities Authority or its designee(s). i. ECA Statute: Royal Order No. (A/19) - The Economic Cities Authority Statute. j. Encumbrance: Any claim or liability that is attached to real estate, or some other interest therein, and that may lessen its value, such as a lien or mortgage; any property right that is not an ownership interest. k. In Gross: Relating to parties or non-adjacent real estate. l. Interest: Any legal claim to, share, ownership, or any other right in real estate. m. Interested Party: An interested party is any party who holds an interest in land or real estate. Such interests include, but are not limited to, ownership rights, including tenancies in common, or other shared ownership structures; trusts; waifs; life estates; tenancy for years; usufruct; defeasible estates, remainders and reversions; easements; public, private, affirmative, negative, appurtenant and in gross; covenants; affirmative, negative, appurtenant and in gross; caveats; liens; mortgages; leases; or any other encumbrances, claims, or interests in the property. n. Licensee: Any person or corporate body licensed to provide a specific service or work in the Economic Cities. JULY 2012 9 (مجلد 58 من 105) (صفحة 59 من 105) o. Liens: A legal right or interest that a creditor has in another's property, lasting until a debt or duty that it secures is satisfied, or otherwise relieved by action of law. p. Life Estate: An estate held only for the duration of a specified person's life. q. Master Developer: The Master Developer is the lead, or top-level developer licensed in any of the Economic Cities. r. Masterplan: The designs, plans and other documents created by the Master Developer pursuant to the Master Developer Agreement, and approved by the ECA, which specify the design, plan, construction and development of the Economic Cities. s. Outsource Contractor: Any person or corporate body who the ECA outsources a particular function or responsibility to. t. Real Estate: Any plot, lot, tract, building, apartment, unit, development, or other immovable property. u. Remainder: A future interest arising in a third person that is someone other than the estate's creator, its initial holder, or the heirs of either, who is intended to take ownership after the natural termination of the preceding estate. v. Reversion: The interest in real estate that remains after the full owner grants an interest that is less than the original estate. w. Tenancy: The possession of real or personal property by right or title. x. Tenancy for Years: A tenancy whose duration is defined for a specified period. y. Tenancy in Common: A tenancy by two or more persons, in equal or unequal undivided shares, each person having an equal right to possess the whole property but no right of survivorship.