Law of Selling and Leasing Off Plan Real Estate Projects
Art. 9Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
A separate escrow account shall be created for each real estate project, and said account shall
not be activated until the license for the real estate project is obtained and a notation is made
on the property registration deed of the real estate to be developed.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded