Qabas consulting

Documentation services

Qabas consulting

Documantation services in the Kingdom of Saudi Arabia are a vital part of the legal and regulatory system, ensuring ownership rights and disposition of real estate and other property. The Saudi Ministry of Justice supervises these services and provides them through notaries and dedicated electronic platforms. Here's a look at the notarization services available:

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Types of documentation services in Saudi Arabia

Real estate documentation:

Registration and transfer of real estate ownership: The documentation process includes registering and transferring real estate ownership from one party to another, whether through sale, purchase, or gift.
Confirming title deeds: Issuing and confirming real estate deeds to guarantee property rights.
Updating old instruments: Converting old instruments into modern electronic instruments to facilitate buying and selling operations and reduce the risks associated with paper documents.

Commercial documentation:

Establishing companies involves a detailed process of documenting the necessary incorporation contracts. These contracts outline the foundational aspects of the company, including its structure, objectives, and initial shareholders or members. Once these contracts are thoroughly prepared, they must be registered with the relevant authorities to ensure legal recognition and compliance with local regulations. Commercial documentation can decrease costs & increases effiecency.

Personal documentation:

Powers of Attorney involve the issuance & thorough documentation of both public & private powers of attorney. These legal instruments grant one person the authority to act on behalf of another in various legal matters, ranging from financial transactions to personal decisions. The process includes drafting precise terms that define the extent & limitations of the granted powers. Proper documentation & registration of these powers of attorney with the appropriate authorities is crucial to validate their legality & enforceability.

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Real estate brokerage

Qabas consulting

Real estate brokerage and documentation are two vital aspects of real estate management and trading, and contribute to regulating the real estate market and ensuring the rights of interested parties. In the Kingdom of Saudi Arabia, many systems and procedures have been developed to enhance transparency and credibility in real estate transactions.

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Real estate brokerage in Saudi Arabia

• Definition of real estate brokerage:
Real estate brokerage is the process through which a licensed broker provides the necessary services to complete real estate sale, purchase, or rental transactions between different parties.

• The role of the real estate broker:
Marketing: Promoting properties available for sale or rent.
Negotiation: Negotiation between buyers and sellers or landlords and tenants to reach mutually satisfactory agreements.
Legal Procedures: Ensure that all legal procedures related to the real estate transaction are carried out properly, including ownership verification and legal certificates.

• Standards of professional conduct:
Transparency: Providing accurate and complete information about real estate.
Integrity: Acting honestly and without bias towards any party.
Compliance: Adherence to relevant laws and regulations.

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