Alqanoni

Law of Ownership Subdivision and Management of Real Estate Units

Art. 25
Status unknownSaudi ArabiaRegulation

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

An owner association shall dissolve if the number of owners falls below the number required for the establishment of the association, unless the remaining owners wish to maintain the association in accordance with this Law. The dissolution of the association shall not affect its liability for any debts and obligations incurred prior to the date of its dissolution. Chapter 5: Management and Maintenance

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

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