Alqanoni

Civil Transactions Law

Art. 326
Status unknownSaudi ArabiaRegulation

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

The following cases shall be deemed delivery of the sold item: a) If the parties to the sale agree to the case in which the buyer is deemed to have taken delivery of the sold item. b) If a legal provision provides for the case in which the buyer is deemed to have taken delivery of the sold item. c) If the seller retains, with the buyer’s consent, the sold item in his possession after the sale for a reason other than ownership.

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

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