Civil Transactions Law
Art. 317Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The price shall be payable at the time of sale, unless the parties agree to a
deferred payment or payment in installments for a definite term.
2. If the payment is deferred or to be made in installments, the term shall
commence from the date of the contract, unless agreed otherwise.
Civil Transactions Law
Subsection 2: Effects of Sale Contract
First: Obligations of the Seller
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded