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Addendum To Deed Of Sale Template for United Arab Emirates

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Key Requirements PROMPT example:

Addendum To Deed Of Sale

"I need an Addendum to Deed of Sale to modify the payment schedule for a commercial property purchase in Dubai, extending the final payment date to March 15, 2025, and splitting the remaining balance into three installments."

Document background
An Addendum To Deed Of Sale is a crucial legal instrument in UAE property transactions, used when parties need to modify terms of an existing property sale agreement without creating an entirely new contract. This document type is particularly relevant in the UAE's dynamic real estate market, where changes to original sale agreements are common due to various factors such as payment restructuring, property specification adjustments, or timeline modifications. The addendum must comply with UAE Civil Code requirements and local property laws, requiring proper execution and registration with relevant authorities. It serves as a binding modification to the original deed, maintaining legal continuity while incorporating necessary changes. Common uses include updating payment schedules, modifying property descriptions, extending completion dates, or addressing other material changes agreed upon by the parties involved in the original sale transaction.
Suggested Sections

1. Parties: Identification of all parties to the original Deed of Sale and the Addendum, including their full legal names and addresses

2. Background: Reference to the original Deed of Sale, including its date of execution, registration details, and brief description of the property

3. Definitions: Key terms used in the Addendum, including reference to definitions from the original Deed of Sale

4. Reference to Original Agreement: Specific citation of the original Deed of Sale and confirmation of its continued validity

5. Purpose of Addendum: Clear statement of the reason for the Addendum and its intended effect

6. Modifications: Detailed description of all changes, amendments, or additions to the original Deed of Sale

7. Effect on Original Agreement: Statement confirming which provisions of the original deed remain in effect and which are superseded

8. Governing Law: Confirmation that UAE law governs the Addendum

9. Execution: Signature requirements and execution formalities under UAE law

Optional Sections

1. Additional Consideration: Required if the Addendum involves any changes to the purchase price or payment terms

2. Property Description Update: Needed if there are any changes to the property description or boundaries

3. Conditions Precedent: Include if there are any new conditions that must be satisfied before the Addendum takes effect

4. Registration Requirements: Include if specific registration requirements apply to the modifications

5. Time Extension: Required if the Addendum modifies any timeframes or deadlines in the original deed

6. Third Party Consents: Include if any third party approvals are required for the modifications

7. Tax Implications: Include if the modifications have any tax consequences that need to be addressed

Suggested Schedules

1. Schedule 1 - Modified Terms: Detailed listing of specific terms being modified, showing both original and new language

2. Schedule 2 - Updated Payment Schedule: If applicable, revised payment terms or schedule

3. Schedule 3 - Property Documents: Any updated property documentation, plans, or certificates relevant to the modifications

4. Appendix A - Required Approvals: Copies of any required regulatory or third-party approvals

5. Appendix B - Supporting Documents: Any additional documentation supporting or evidencing the modifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






















Relevant Industries

Real Estate

Commercial Property

Residential Property

Industrial Property

Retail Property

Hospitality

Mixed-Use Development

Construction

Banking and Finance

Legal Services

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Contract Administration

Risk Management

Corporate Affairs

Operations

Asset Management

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Contract Manager

Property Developer

Real Estate Agent

Compliance Officer

Property Registration Officer

Real Estate Transaction Manager

Legal Director

Chief Legal Officer

Property Sales Manager

Real Estate Investment Manager

Asset Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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