Civil Transactions Law
Art. 496Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The agent may not sell the principal’s property for a deferred payment,
except with an explicit or implicit authorization.
2. If the agent sells a property for a deferred payment, he may demand a pledge
or surety from the buyer against the deferred payment, even if the principal
did not authorize him to make such demand.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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