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Deed Of Release Property
"I need a Deed of Release Property for a commercial warehouse in Dubai Industrial City, where our company (Al Mashriq Trading LLC) will release all rights to the property back to the master developer (Dubai Industrial City Authority) following termination of our lease agreement effective March 15, 2025."
1. Parties: Identification of the Releasor (party releasing rights) and Releasee (party receiving the release), including full legal names and details as required by UAE law
2. Background: Context of the original property rights, how they arose, and the reason for the release
3. Definitions: Key terms used in the deed, including Property, Release Date, Rights, Claims, etc.
4. Release: Core operative clause releasing all rights, titles, interests, and claims in relation to the Property
5. Property Details: Comprehensive description of the property being released, including all relevant registration details and title particulars
6. Representations and Warranties: Statements by the Releasor about their authority to release and ownership of rights being released
7. Further Assurance: Obligation to execute further documents and perform actions necessary to perfect the release
8. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts' jurisdiction
9. Execution: Formal execution blocks meeting UAE requirements for deeds, including witness provisions
1. Consideration: Details of any payment or consideration for the release - include if the release is not gratuitous
2. Confidentiality: Include if any aspects of the release or underlying transaction need to be kept confidential
3. Tax Provisions: Include if there are specific tax implications that need to be addressed
4. Related Rights: Include if there are associated rights (such as parking spaces, facilities) that need specific mention
5. Mortgage Release: Include if there is an associated mortgage being released
6. Third Party Rights: Include if there are any third party rights that need to be addressed or preserved
7. Language Provisions: Include if document is bilingual to specify which version prevails
1. Property Description Schedule: Detailed technical description of the property including lot numbers, plan references, measurements and boundaries
2. Title Documents: List and copies of relevant title documents being released or surrendered
3. Powers of Attorney: If applicable, powers of attorney authorizing the release
4. Registration Requirements: Specific forms or requirements for registration with relevant UAE authorities
5. Plans and Drawings: Property plans, drawings or surveys if relevant to identifying the property
6. Related Rights Schedule: Details of any associated rights or facilities included in the release
Authors
Real Estate
Banking & Finance
Construction
Property Development
Hospitality
Retail
Commercial Property
Residential Property
Industrial Property
Infrastructure
Government & Public Sector
Investment & Fund Management
Legal
Real Estate
Property Management
Compliance
Corporate Services
Asset Management
Operations
Documentation
Risk Management
Investment
Facilities Management
Transaction Advisory
Legal Counsel
Property Manager
Real Estate Director
Compliance Officer
Property Development Manager
Asset Manager
Real Estate Investment Manager
Corporate Lawyer
Property Rights Administrator
Title Officer
Real Estate Transaction Manager
Mortgage Manager
Property Documentation Specialist
Real Estate Operations Director
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