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Land Transfer Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Land Transfer Agreement

I need a Land Transfer Agreement for a commercial plot in Dubai Silicon Oasis, with specific provisions for phased payments over 6 months and conditions for obtaining necessary permits from DTCM by March 2025.

Document background
The Land Transfer Agreement is a fundamental document in UAE real estate transactions, used when transferring ownership rights of land property from one party to another. It is essential in both commercial and residential property transactions throughout the United Arab Emirates, requiring compliance with federal laws, emirate-specific regulations, and Sharia principles. This agreement type is particularly important given the UAE's strict property registration requirements and the need for formal documentation of ownership transfers. The document must be registered with relevant authorities and typically includes comprehensive details about the property, parties involved, consideration, and transfer conditions. It's commonly used in various contexts, from simple residential transfers to complex commercial property transactions, and must account for specific considerations such as foreign ownership restrictions and free zone regulations where applicable.
Suggested Sections

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

2. Background: Context of the transfer, including brief property history and purpose of the transfer

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

4. Property Details: Comprehensive description of the property including plot number, municipality number, and exact location details

5. Consideration: Purchase price, payment terms, and method of payment

6. Completion Requirements: Conditions precedent, completion process, and registration requirements

7. Seller's Warranties: Warranties regarding ownership, encumbrances, and property condition

8. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with relevant laws

9. Registration and Transfer: Process and requirements for property registration with relevant authorities

10. Costs and Taxes: Allocation of transfer fees, registration fees, and other associated costs

11. Notices: Process for serving notices between parties

12. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction

13. Execution: Signature blocks and execution requirements

Optional Sections

1. Conditions Precedent: Used when transfer is subject to specific conditions being met, such as mortgage approval or regulatory clearances

2. Mortgage Details: Required when property is subject to existing mortgage or new financing

3. Power of Attorney: Included when any party is acting through an attorney

4. Property Management: Necessary for properties with ongoing management requirements or service charges

5. Tenant Rights: Required when property is subject to existing tenancy

6. Joint Ownership Provisions: Used when property is being transferred to multiple buyers

7. Foreign Ownership Compliance: Required for non-UAE national buyers

Suggested Schedules

1. Property Description Schedule: Detailed technical description of property, including boundaries and area plans

2. Title Documents: Copies of existing title deed and other ownership documents

3. Payment Schedule: Detailed breakdown of payment installments if applicable

4. Property Condition Report: Current condition of property and any known defects

5. Existing Contracts Schedule: List of relevant contracts affecting the property (maintenance, tenancy etc.)

6. Required Permits: Copies of necessary permits and certificates

7. Property Plans: Architectural drawings and floor plans

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

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Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Hospitality

Retail

Industrial

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Residential Property

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Relevant Teams

Legal

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Compliance

Property Management

Operations

Finance

Investment

Risk Management

Corporate Affairs

Business Development

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Land Registration Officer

Title Officer

Real Estate Investment Manager

Property Acquisition Manager

Corporate Lawyer

Real Estate Finance Manager

Property Portfolio Manager

Real Estate Operations Director

Legal Director

Conveyancing Manager

Industries








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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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