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Deed Of Sale For House And Lot
"I need a Deed of Sale for House and Lot for a 4-bedroom villa in Dubai Marina, with completion scheduled for March 2025, including provisions for existing tenant rights and a payment schedule split into three installments."
1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details as required by UAE law
2. Background: Brief context of the transaction and confirmation of the Seller's ownership rights and authority to sell
3. Definitions: Key terms used throughout the deed, including Property, Completion Date, Purchase Price, and other relevant terminology
4. Property Details: Comprehensive legal description of the property including plot number, municipality number, emirate location, and total area
5. Sale and Purchase: Core agreement for the sale and purchase of the property, including the agreed purchase price
6. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment
7. Completion: Requirements and procedures for completing the sale, including registration requirements with relevant authorities
8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with UAE property laws
9. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with UAE property ownership laws
10. Property Handover: Terms and conditions for the physical handover of the property
11. Costs and Taxes: Allocation of transaction costs, registration fees, and any applicable taxes
12. Governing Law and Jurisdiction: Confirmation of UAE law governance and jurisdiction of UAE courts
13. Execution: Formal execution block meeting UAE requirements for property deeds
1. Condition of Property: Detailed description of property condition, used when selling property as-is or with known defects
2. Mortgage Details: Required when the property is being sold subject to an existing mortgage or with new mortgage arrangements
3. Tenant Rights: Required when the property is sold with existing tenants and lease agreements
4. Foreign Ownership Declaration: Required for foreign buyers, confirming compliance with UAE foreign ownership restrictions
5. Power of Attorney: Required when either party is acting through an authorized representative
6. Service Charges: Required for properties in managed communities with ongoing service charge obligations
7. Car Parking Rights: Required when specific parking rights are included in the sale
8. Furniture and Fixtures: Required when the sale includes specific furniture or fixtures
1. Property Title Deed: Copy of the original title deed and property ownership documents
2. Property Floor Plan: Detailed floor plan and area calculation of the property
3. Payment Schedule: Detailed breakdown of payment installments and due dates
4. Property Photographs: Recent photographs documenting the current condition of the property
5. Inventory List: Detailed list of any included furniture, fixtures, and fittings
6. NOC Documents: Copies of necessary No Objection Certificates from relevant authorities
7. Service Charge Statement: Current statement of service charges and payment status
8. Building Permits: Copies of relevant building permits and completion certificates
Authors
Real Estate
Property Development
Construction
Financial Services
Legal Services
Property Management
Urban Development
Residential Housing
Commercial Property
Legal
Real Estate
Property Management
Compliance
Sales
Land Registry
Conveyancing
Document Processing
Property Development
Asset Management
Real Estate Manager
Property Lawyer
Legal Counsel
Real Estate Agent
Property Developer
Conveyancing Officer
Compliance Officer
Real Estate Transaction Manager
Property Registration Officer
Sales Director
Legal Director
Property Portfolio Manager
Real Estate Investment Manager
Housing Development Manager
Title Registration Specialist
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