Law of Selling and Leasing Off Plan Real Estate Projects
Art. 11Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Disbursement from the escrow account may only be made pursuant to a payment order signed
by the developer, the consulting firm, and the certified public accountant. However,
disbursement may, in exigent circumstances, be made at the request of the competent
authority, as specified in the Regulations.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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