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The Condominium Purchase Agreement is a crucial legal instrument used in the United Arab Emirates for the sale and purchase of condominium units. It serves as the primary document for transactions involving residential or commercial condominium properties, ensuring compliance with UAE federal laws and emirate-specific regulations. This agreement is essential when transferring ownership of a condominium unit, whether in existing buildings or off-plan developments. It covers all aspects of the transaction, including property details, payment terms, warranties, and obligations of all parties involved. The document must align with UAE Civil Code requirements, local property registration laws, and specific regulations governing jointly owned properties. It's particularly important in major real estate markets like Dubai and Abu Dhabi, where condominium transactions form a significant portion of real estate dealings.

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and Emirates ID/passport numbers

2. Background: Context of the transaction, including brief property description and parties' intention to enter into the agreement

3. Definitions: Key terms used throughout the agreement, including Property, Common Areas, Purchase Price, Completion Date, etc.

4. Property Description: Detailed description of the condominium unit, including unit number, floor, building name, land registration details, and total area

5. Purchase Price: Total purchase price, payment schedule, deposit requirements, and payment methods

6. Payment Terms: Detailed breakdown of payment installments, due dates, and consequences of default

7. Completion and Transfer: Process and requirements for property transfer, registration, and handover

8. Seller's Obligations: Seller's commitments including providing clear title, maintaining the property, and completing necessary paperwork

9. Buyer's Obligations: Buyer's commitments including timely payments, due diligence, and compliance with registration requirements

10. Common Areas and Facilities: Rights and obligations regarding common areas, facilities, and shared services

11. Service Charges: Details of service charges, maintenance fees, and payment obligations

12. Warranties and Representations: Warranties from both parties regarding authority, title, and property condition

13. Default and Remedies: Consequences of breach and available remedies for both parties

14. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for dispute resolution

15. Notices: Process and requirements for formal communications between parties

16. General Provisions: Standard clauses including entire agreement, amendments, and severability