Alqanoni

Civil Transactions Law

Art. 320
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The seller may, if the payment is deferred or made in installments, require that the transfer of ownership to the buyer be conditional upon the seller’s receipt of the payment in full, even if the sold item is delivered. 2. If the seller receives the payment in full, the buyer shall be deemed the owner of the sold item from the date the sale is concluded.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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