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Home Sale Contract Form
"I need a Home Sale Contract Form for a 3-bedroom villa in Dubai Marina, with completion scheduled for March 15, 2025, including specific provisions for a foreign buyer and property registration requirements with the Dubai Land Department."
1. Parties: Detailed identification of the seller and buyer, including Emirates ID numbers, passport details, and contact information
2. Background: Context of the sale and confirmation of the seller's ownership rights and authority to sell
3. Definitions: Key terms used throughout the agreement, including property-specific terminology and UAE real estate terms
4. Property Details: Comprehensive description of the property including location, size, type, and registration details as per UAE land department records
5. Purchase Price: The agreed purchase price and detailed payment schedule including deposit requirements
6. Payment Terms: Method of payment, installment details if applicable, and consequences of default
7. Completion: Conditions for completion, timing, and process for transfer of ownership
8. Seller's Warranties: Warranties regarding property ownership, absence of disputes, and compliance with UAE property laws
9. Buyer's Obligations: Requirements for the buyer including payment obligations and registration responsibilities
10. Property Registration: Process and requirements for registering the property transfer with relevant authorities
11. Costs and Fees: Allocation of transaction costs, registration fees, and real estate agency fees
12. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction of UAE courts
1. Mortgage Provisions: Required when the purchase involves mortgage financing, detailing lender requirements and conditions
2. Off-Plan Provisions: Needed for properties purchased before completion, including construction milestones and developer obligations
3. Condition Precedents: Specific conditions that must be met before completion, such as NOCs or regulatory approvals
4. Defects Liability: For new properties, detailing the warranty period and process for addressing defects
5. Service Charge Provisions: For properties in managed communities, detailing service charge obligations
6. Tenant Rights: Required when the property is sold with existing tenants, addressing their rights and notice requirements
7. Foreign Ownership Provisions: Required when the buyer is a non-UAE national, addressing specific ownership restrictions and requirements
1. Property Title Deed: Copy of the original title deed and translation if required
2. Property Floor Plan: Detailed floor plan and area calculation certificate
3. Payment Schedule: Detailed breakdown of payment installments and due dates
4. Property Inspection Report: Recent inspection report detailing property condition
5. Service Charge Statement: Current and historical service charge statements if applicable
6. NOC Documentation: Relevant No Objection Certificates from authorities or developers
7. Property Photographs: Recent photographs documenting the property condition
8. Utility Accounts: Details of existing utility accounts and transfer procedures
Authors
Real Estate
Banking & Finance
Construction
Legal Services
Property Development
Property Management
Insurance
Investment & Asset Management
Professional Services
Government & Public Sector
Legal
Real Estate
Sales
Compliance
Property Management
Contract Administration
Documentation
Risk Management
Customer Relations
Property Development
Real Estate Agent
Property Lawyer
Legal Counsel
Property Manager
Sales Director
Compliance Officer
Real Estate Development Manager
Property Valuation Specialist
Mortgage Advisor
Contract Administrator
Real Estate Transaction Manager
Property Rights Registrar
Legal Documentation Specialist
Real Estate Investment Advisor
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