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Individual

Real Estate SERVICE
REGISTER OFF-PLAN SALE - INDIVIDUAL

This service enables the Developer or Broker to Register Sale transaction of Off Plan for buyers and place caveat on a property until completion of all development activities.

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  • Developer
  • 1% Of the sales value as per the registered Sales and Purchase Agreement or the approved valuation by the Real Estate Department, which is higher
  • Master and/or Sub Developer’s ‘no objection’ certificate.
  • Sales and Purchase Agreement ‘SPA’, including any related appendices.
  • Buyer identification card.
  • National identification card for the Power of Attorney holder or delegated person of the seller or buyer.
  • Power of Attorney or delegation letter in case of third party representative of the seller or buyer
  • In case of a delegate, a delegation letter should be attested by the Chamber of Commerce and Industry or ECA as applicable.
  • Issued Power of Attorney from outside Saudi Arabia must be Attested by the Saudi Ministry of Foreign Affairs.
  • Provide all original documents for verification.
  • Satisfying sales registration’s urban planning and municipal requirements as per the ‘Rules of Real Estate Sales in the Economic Cities, Chapter 3, Article 12’.
  • Complete the service ‘Issue Off-Plan Sale License’.
  • Five working days for complete application that fulfills all terms and conditions.
  • A new Caveat certificate is issued for the new owner.

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  • Bay La San - 7082 Unit 2
  • King Abdullah Economic City 23964 - 2522 KSA

Copyright © ECZA 2017. All rights reserved. Powered by ECZA | Bay La San - 7082 Unit 2 King Abdullah Economic City - 23964 - 2522 KSA

+966 12 610 6700

Copyright © ECZA 2017. All rights reserved. Powered by ECZA | Bay La San - 7082 Unit 2 King Abdullah Economic City - 23964 - 2522 KSA

+966 12 610 6700