Skip to main content
Entire section Custom print Text Only Rich Text Print / Save as PDF
Download Original PDF

Article Three

No: 41061554 Date(g): 20/6/2020 | Date(h): 29/10/1441 Status: In-Force

Translated Document

  1. The lessor must register the contract and any amendments to it within 10 business days from the date of concluding the contract or making amendments, through the electronic portal of the registry or its replacement.
  2. All transactions affecting the rights and legal status of the parties, as communicated by the contracting parties or the relevant authorities, shall be recorded in the registry.
  3. The company is obligated to maintain all contract records necessary for registering transactions and classifying them according to the latest technologies and best practices. SAMA has the authority to establish regulations and instructions related to this.