Alqanoni

Civil Transactions Law

Art. 622
Status unknownSaudi ArabiaRegulation

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

1. If the owners in common disagree on matters relating to the management of the property owned thereby, the majority opinion regarding regular management practices shall be binding on all of them and on their universal and particular successors. The majority shall be determined on the basis of the value of shares. The majority may elect a manager from among the owners or others and may set rules applicable to all owners for the management and the proper use and enjoyment of the property. 2. If the majority stipulated in paragraph (1) of this Article is not attained, the court may appoint a manager for the property owned in common if petitioned by any of its owners.

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

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