Are you interested in real estate in Dammam? ๐Ÿก In 2025, the Installment Sale Law will come into effect. This law protects the rights of both sellers and buyers in installment sales transactions, ensuring a smooth and fair process. ๐Ÿค” Seller's Rights:
  • Receive payments as per the agreed schedule
  • Retain ownership of the property until the full price is paid
  • Right to legal recourse in case of non-payment
    • Buyer's Rights:
  • Guaranteed possession of the property after the initial payment
  • Clear understanding of payment terms and conditions
  • Protection from any hidden charges or fees
    • Conditions of Installment Sale:
  • Minimum down payment of 15%
  • Maximum repayment period of 15 years
  • Notarized contract outlining all details
    • Don't miss out on this crucial information! Visit our website for more details and to find the best real estate deals in Dammam. ๐ŸŒ InstallmentSaleLaw Dammam2025 RealEstateSaudiArabia