Construction & Development
Handover
Short Definition
Property handover from developer to buyer after construction completion, done by handover protocol proving compliance with agreed specifications.
In Other Languages
Arabic
التسليم
تسليم العقار من المطور للمشتري بعد اكتمال البناء، يتم بموجب محضر تسليم يثبت المطابقة للمواصفات المتفق عليها.
English
Handover
Property handover from developer to buyer after construction completion, done by handover protocol proving compliance with agreed specifications.
Turkish
Teslim
İnşaat tamamlandıktan sonra geliştiriciden alıcıya mülk teslimi; kararlaştırılan spesifikasyonlara uygunluğu kanıtlayan teslim tutanağı ile yapılır.
Related Terms
Completion Certificate
Document issued by municipality after building completion per permit, prerequisite for ownership registration and use, proving compliance with specifications.
Off-Plan Sale
Selling real estate units before construction completion, regulated by Saudi Wafi program, offering buyer lower price and developer early financing.