Alqanoni

Civil Transactions Law

Art. 623
Status unknownSaudi ArabiaRegulation

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

1. Owners who own at least three-quarters of a property owned in common may, for better utilization of such property, decide to make substantial alterations to the property and amendments to its intended purpose that exceed regular management practices, provided that they notify the other owners of their decision. Any owner objecting to the decision shall have the right to file his objection with the court within 30 days from the date of notification. 2. If the court approves the decision of the majority provided for in paragraph Civil Transactions Law (1) of this Article, it may decide any measures it deems appropriate, including measures that secure payment of any compensation due to the objecting owner.

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

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