Alqanoni

Civil Transactions Law

Art. 354
Status unknownSaudi ArabiaRegulation

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

1. The sale or purchase made between a terminally ill person and any of his heirs which is based on favoritism shall not be deemed effective vis-a-vis other heirs with regard to the part affected by such favoritism, unless they Civil Transactions Law ratify such sale or purchase. 2. The sale or purchase made between a terminally ill person and a person other than his heirs which is based on favoritism shall not be deemed effective vis-a-vis the heirs with regard to the part affected by favoritism that exceeds one-third of the estate upon death, including the sold item, unless the heirs ratify such sale or purchase, or the assignee returns an amount sufficient to complete two-thirds of the estate.

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

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