Dealing with a Minor's Property in the Saudi Minors' Property Guardianship Law
التصرف في أموال القاصر — نظام الولاية على أموال القاصرين
Acts needing the board's approval: acquiring real estate, shares and companies; transferring real estate ownership; dealing in jewelry and movables over SAR 50,000; leasing real estate for over three years; setting maintenance, housing and marriage expenses; settlement and arbitration over SAR 50,000; and dividing and liquidating an estate (Article 17).
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Other topics in the Saudi Minors' Property Guardianship Law
Minors' Property Guardianship AuthorityPowers of the Guardianship AuthorityBoard of Directors and President of the AuthorityAdministering Family EndowmentsInvesting Minors' PropertyReporting Minors and AbsenteesInventory of a Minor's EstateInterdiction of Persons of Limited Capacity and AbsenteesRemoving and Auditing Guardians and ExecutorsEnd of Guardianship and Handover of a Minor's PropertyPenalties for Violating the Guardianship Law