The 2013 introduction of nine new real estate laws promises to revolutionize the traditional real estate market in Saudi Arabia. Yet while Saudi Arabia seeks foreign investment to promote the real estate sector, most of these laws have not been translated. Nor is it easy to get answers to simple questions like, "how do you transfer a piece of property?" The book contains a historical overview, an analysis of Saudi Arabia's new mortgage ecosystem, a summary of existing real estate laws and helpful practice pointers. The new real estate laws are translated and where necessary, annotated. Included also is the full, annotated text of the new Enforcement Law, a groundbreaking change to the Saudi legal system designed to make debt collection routine. Companies owed money in and from Saudi Arabia will find these chapters indispensable. There is no similar book on the market today. Every real estate investor, practitioner and loan officer active in the Saudi market should keep a copy close by. The author, Michael O'Kane, has worked in the Kingdom for more than a decade as a legal consultant to the government and as a practicing attorney.

Newly revised as of March, 2013, this book is an indispensable tool for any company seeking to open new business lines in the Kingdom. The book covers the new Saudi mortgage law, arbitration code and more. Doing business in Saudi Arabia can be perilous for the new enterprise but promises rich rewards. Those who wish to tap the commercial riches of doing business in the Kingdom of Saudi Arabia need this book. Unlike other books about doing business in the Kingdom, this practical guide will help you avoid the mistakes and pitfalls for the unwary. Among the topics covered are: Corporate Formation, Government Contracts, Tort Law, Saudi Powers of Attorney, Banking System, Islamic Finance, Opening Bank Accounts, Securities Business, Private Placements, Foreign Investment, Import Standards, Customs, Contractor Classification, Types of Business Entities, Agency and Distribution, Real Property, Mortgage and Finance Laws, Conveyancing, Liquidation, Labor Law, Intellectual Property, Taxation, Mining, E-Commerce and Data Protection, WTO Issues, Corrupt Practices, Dispute Resolution...and more. Similar books sell for two or three times the price.