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The For Sale By Owner Purchase And Sale Agreement is a crucial legal instrument in the UAE real estate market, designed for property owners who wish to sell their property directly to buyers without engaging real estate agents. This document is particularly relevant in the UAE's dynamic property market, where both local and international investors frequently engage in property transactions. It must comply with UAE federal laws and emirate-specific regulations, particularly those related to property ownership, registration, and transfer. The agreement includes comprehensive details about the property, payment terms, warranties, and completion requirements, while also addressing specific considerations such as foreign ownership restrictions and property registration procedures with the relevant land departments. It serves as a complete record of the transaction terms and protects both parties' interests throughout the sale process.

1. Parties: Identification of the seller and buyer, including full legal names, Emirates ID numbers, and contact details

2. Background: Brief context of the transaction and confirmation of the seller's ownership rights

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

4. Property Details: Comprehensive description of the property including location, size, type, and registration details with the relevant land department

5. Purchase Price: Agreed purchase price and payment structure, including deposit amounts and payment milestones

6. Payment Terms: Detailed payment schedule, method of payment, and handling of deposits

7. Completion: Process and requirements for completing the sale, including registration requirements and handover procedures

8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with laws

9. Buyer's Warranties: Warranties regarding capacity to purchase and financial ability

10. Property Condition: Current condition of the property and any agreed repairs or modifications

11. Transfer of Ownership: Process and requirements for transferring title at the relevant land department

12. Costs and Fees: Allocation of transaction costs, registration fees, and agent commissions if applicable

13. Default and Remedies: Consequences of default by either party and available remedies

14. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes

15. Notices: Method and addresses for formal communications between parties

16. Execution: Signature blocks and execution requirements