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Article 315 of the Saudi Civil Transactions Law

المادة 315 من نظام المعاملات المدنية · الفرع الأول: المبيع والثمن

Failing to fix a price does not void the sale where the circumstances show the parties intended the market price or the price used in their dealings.

Official text (Arabic)

This article has not been amended since the law was issued.

إذا لم يحدد المتعاقدان ثمنًا للمبيع فلا يترتب على ذلك بطلان البيع متى تبيَّن من الظروف توجه إرادتهما إلى سعر السوق أو السعر الذي جرى عليه التعامل بينهما.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Article 315 explained in plain English

Practical example

Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.

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Frequently asked questions about Article 315 of the Saudi Civil Transactions Law

Is a sale void if the price is not stated?

It is not void where the circumstances show that the parties intended the market price or the price used in their dealings.

Which price is used if none was fixed?

The market price or the price used in dealings between the parties, according to what the circumstances show they intended.

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The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.