Alqanoni

Civil Transactions Law

Art. 363
Status unknownSaudi ArabiaRegulation

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

A contract shall remain a contract of exchange even if cash is paid to make up for the difference in the value of one of the transferred properties, unless the value of such property is less than the amount of cash paid; in such case; the contract shall be deemed a sale contract.

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

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