Article 13 of the Saudi Off-Plan Real Estate Sales and Leasing Law

المادة 13 من نظام بيع وتأجير مشروعات عقارية على الخارطة

Official text (Arabic)

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

يجوز للمطور -بعد موافقة الجهة المختصة- سحب ما يفيض عن التكلفة الفعلية الإجمالية لإنهاء المشروع العقاري وخدماته، بناءً على تقرير من المقاول والمكتب الاستشاري. على أن يبقي المحاسب القانوني ما نسبته (20%) في حساب الضمان، إلى حين انتهاء المشروع العقاري.

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

Explanation (Arabic)

The plain-language explanation of this article is currently available in Arabic only. An English translation is on the way.

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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.