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Deed Of Sale For House And Lot Template for United Arab Emirates

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Key Requirements PROMPT example:

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."

Document background
The Deed of Sale for House and Lot is a crucial legal document used in the United Arab Emirates for property transactions involving the sale and purchase of residential properties. This document is essential when transferring ownership of real estate from one party to another, whether in Dubai, Abu Dhabi, or other emirates. It must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws. The deed includes comprehensive details about the property, parties involved, purchase price, payment terms, and conditions of sale. It serves as official documentation for property registration authorities and is required for transferring title in the UAE's property registries. The document should be drafted with careful attention to UAE legal requirements, including proper attestation and notarization procedures, and must include all mandatory declarations and warranties required by UAE property law.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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






























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Relevant Industries

Real Estate

Property Development

Construction

Financial Services

Legal Services

Property Management

Urban Development

Residential Housing

Commercial Property

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Sales

Land Registry

Conveyancing

Document Processing

Property Development

Asset Management

Relevant Roles

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

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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