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Deed Of Sale Condominium Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Sale Condominium

"I need a Deed of Sale Condominium for a luxury 3-bedroom unit in Dubai Marina, with completion scheduled for March 2025, including specific provisions for the transfer of two parking spaces and the inclusion of high-end furniture in the sale."

Document background
The Deed of Sale Condominium is a crucial legal instrument used in the United Arab Emirates for transferring ownership of condominium units. This document is essential for both residential and commercial property transactions in the UAE's dynamic real estate market. It must comply with federal legislation including UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws. The deed serves as official documentation of the transfer of ownership rights, detailing all aspects of the transaction including property specifications, payment terms, and parties' obligations. It includes specific provisions for common areas and shared facilities management, which are unique to condominium properties. The document is typically required by the local Land Department for property registration and is often needed for mortgage applications, property insurance, and future resale purposes.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details

2. Background: Brief context of the transaction and property ownership history

3. Definitions: Key terms used throughout the deed including Property, Common Areas, Transfer Date, etc.

4. Property Details: Comprehensive description of the condominium unit including unit number, floor, building name, and registered details with Land Department

5. Purchase Price: Statement of the agreed purchase price and payment terms

6. Payment Terms: Detailed breakdown of payment schedule, method of payment, and any conditions attached

7. Transfer of Ownership: Terms and process for legal transfer of the property ownership

8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and condition of the property

9. Buyer's Warranties: Warranties regarding financial capacity and compliance with UAE property ownership laws

10. Completion: Details of the completion process, including registration requirements and handover procedures

11. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

12. Governing Law and Jurisdiction: Specification of UAE law application and relevant court jurisdiction

Optional Sections

1. Mortgage Details: Required if the property has an existing mortgage or if the purchase is being financed through a mortgage

2. Power of Attorney: Required if either party is acting through an authorized representative

3. Condition of Property: Detailed when there are specific agreements about property condition or pending maintenance

4. Tenant Rights: Required if the property is currently tenanted with existing lease agreements

5. Parking Assignment: Required when parking spaces are separately allocated or transferred

6. Service Charge Provisions: Required when there are specific arrangements regarding outstanding or prepaid service charges

7. Furniture and Fixtures: Required if the sale includes specific furniture or fixtures

Suggested Schedules

1. Schedule 1 - Property Description: Detailed technical description of the property including floor plans and area calculations

2. Schedule 2 - Title Documents: Copies of current title deed and other ownership documents

3. Schedule 3 - Inventory: List of included fixtures, fittings, and any furniture if applicable

4. Schedule 4 - Payment Schedule: Detailed breakdown of payment installments and due dates

5. Schedule 5 - Common Areas: Description and allocation of common area rights and facilities

6. Appendix A - Property Photographs: Recent photographs of the property and any specific features

7. Appendix B - Building Rules: Copy of the condominium building rules and regulations

8. Appendix C - NOC Documents: Necessary No Objection Certificates from relevant authorities

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

Property Development

Banking & Finance

Legal Services

Construction

Property Management

Investment & Asset Management

Insurance

Facilities Management

Relevant Teams

Legal

Real Estate

Compliance

Sales

Property Management

Contracts Administration

Risk Management

Finance

Operations

Customer Relations

Documentation

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Sales Manager

Contract Administrator

Real Estate Investment Manager

Mortgage Officer

Title Officer

Real Estate Transaction Coordinator

Property Consultant

Facilities Manager

Due Diligence Officer

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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