المملكة: Endowments: It is permissible to endow the owner’s common share without requiring the permission of the other partners

Decided The General Authority of Endowments The controversy surrounding joint properties, declaring that it is permissible for the owner to endow his common share independently, without the need to wait for prior permission from the rest of the partners.

The Authority confirmed that this procedure depends entirely on proof of ownership, stipulating that the share to be converted into a charitable endowment be properly and documentedly owned by the donor.

The Authority reassured the rest of the owners of the property or joint property, indicating that this individual action does not entail any obligation for the other partners to Applying the terms of the endowment to their own shares.

She pointed out that complete independence is reserved for everyone, as each partner reserves his full right to make all commercial or administrative decisions that he deems appropriate to invest his share.

At the conclusion of her clarification, she stressed that the freedom of action of the partners remains governed by the individual ownership percentage, and is exercised within the limits and controls set by the regulations and Relevant legislative regulations.