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Responsibilities of the Citizen

No: 747280000067 Date(g): 3/11/2018 | Date(h): 24/2/1440 Status: In-Force

Translated Document

Effective from Aug 01 2019 - Jul 31 2019
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  1. If the purchase is made through a financer, the beneficiary must provide the certificate to the financer and cover any additional tax amounts if the value of the residential unit exceeds 850,000 SAR. The beneficiary must also sign a commitment not to present it to any other financing entity, developer, or seller.
     
  2. If the purchase is made directly from a developer registered with the Authority, the beneficiary must provide the certificate to the developer and cover any additional tax amounts if the value of the residential unit exceeds 850,000 SAR. The beneficiary must also sign a commitment not to present it to any other financing entity or developer.
     
  3. If the purchase is made directly from a developer not registered with the Authority, no tax amounts are payable for the residential unit.