Civil Transactions Law
Art. 670Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The holder of the right of first refusal shall subrogate the buyer against the seller
in all his rights and obligations. The holder may, if he provides the seller with
sufficient securities, benefit from the grace period granted to the buyer to pay
the price.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded