Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Affidavit and Indemnity Agreement
I need an affidavit and indemnity agreement to affirm the accuracy of personal information provided and to indemnify against any claims or liabilities arising from the use of this information. The document should be notarized and include a clause for dispute resolution under UAE law.
What is an Affidavit and Indemnity Agreement?
An Affidavit and Indemnity Agreement combines two powerful legal tools commonly used in UAE business transactions. The affidavit portion serves as a sworn statement of facts, while the indemnity component protects one party from potential losses or damages related to those facts.
In UAE courts and business dealings, these agreements often come into play during property transfers, corporate restructuring, or when replacing lost documents. They're particularly important under UAE Civil Code provisions, as they create a legally binding shield that holds up in local courts while meeting Sharia compliance requirements. Banks, real estate developers, and large corporations frequently rely on these agreements to manage risk and establish clear accountability.
When should you use an Affidavit and Indemnity Agreement?
You need an Affidavit and Indemnity Agreement when handling high-stakes situations involving lost documents, property transfers, or complex business deals in the UAE. For example, if you've lost share certificates, need to complete an urgent property sale without all original documents, or must protect your company during a major asset transfer.
These agreements are essential when dealing with UAE banks, government entities, or free zone authorities who require extra assurance. They're particularly valuable in scenarios where you need to move forward with a transaction but face documentation gaps, or when you must provide comprehensive protection to other parties under UAE Civil Code requirements. Many UAE businesses use them during corporate restructuring or when replacing important commercial documents.
What are the different types of Affidavit and Indemnity Agreement?
- Basic Document Loss: The simplest form used in UAE for lost certificates, titles, or important papers - includes a sworn statement about the loss and protection for the issuing party
- Corporate Transaction: More complex version used during mergers, acquisitions, or restructuring - covers multiple assets and extensive indemnification clauses
- Real Estate Transfer: Specifically tailored for property transactions in UAE, addressing title issues and protecting buyers, sellers, and financial institutions
- Banking and Finance: Used with UAE banks for lost financial instruments, including detailed provisions about replacement documents and liability protection
- Free Zone Special Purpose: Customized for UAE free zone operations, incorporating specific free zone regulations and requirements
Who should typically use an Affidavit and Indemnity Agreement?
- Corporate Legal Teams: Draft and review Affidavit and Indemnity Agreements to protect company interests during major transactions or document replacements
- Banks and Financial Institutions: Require these agreements when issuing replacement documents or handling significant asset transfers
- Property Developers: Use them in real estate transactions to manage title-related risks and protect all parties involved
- Free Zone Authorities: Request these agreements for company registration changes or lost license scenarios
- External Legal Counsel: Advise on agreement structure and ensure compliance with UAE Civil Code and local regulations
- Company Directors: Sign as authorized representatives, taking on personal responsibility for stated facts
How do you write an Affidavit and Indemnity Agreement?
- Document Details: Gather precise information about lost documents, including reference numbers, dates, and issuing authorities
- Party Information: Collect complete legal names, Emirates ID numbers, and contact details for all involved parties
- Asset Description: Prepare detailed descriptions of any property, shares, or assets involved in the transaction
- Supporting Evidence: Compile police reports, original document copies, or other proof of loss or ownership
- Signing Authority: Confirm proper authorization levels for corporate signatories under UAE law
- Witness Requirements: Arrange for qualified witnesses as required by UAE Civil Code
- Notarization Plan: Schedule appointment with a UAE-licensed notary public for document authentication
What should be included in an Affidavit and Indemnity Agreement?
- Opening Declaration: Clear statement of facts under oath, including date and place of execution in UAE
- Party Details: Full legal names, Emirates ID numbers, and addresses of all parties involved
- Subject Matter: Detailed description of documents, assets, or circumstances covered by the agreement
- Indemnification Scope: Specific protection terms and liability coverage under UAE Civil Code
- Duration Clause: Clear timeline for the agreement's validity and enforcement period
- Governing Law: Explicit reference to UAE law and relevant jurisdictional provisions
- Attestation Block: Notarization requirements and witness signatures as per UAE regulations
- Execution Details: Proper signature blocks with dates and official company stamps
What's the difference between an Affidavit and Indemnity Agreement and an Indemnity Agreement?
An Affidavit and Indemnity Agreement differs significantly from a simple Indemnity Agreement in the UAE legal framework. While both documents deal with protection and liability, they serve distinct purposes and have different legal weights.
- Sworn Statement Component: Affidavit and Indemnity Agreements include a sworn declaration of facts before UAE authorities, while regular Indemnity Agreements don't require this formal attestation
- Legal Enforcement: The affidavit portion makes false statements criminally punishable under UAE law, adding an extra layer of accountability
- Document Usage: Affidavit and Indemnity Agreements are typically used for lost document replacements or high-stakes transactions, while standard Indemnity Agreements cover broader business risks
- Notarization Requirements: The combined agreement must be notarized in the UAE, unlike basic Indemnity Agreements which often don't require this step
Download our whitepaper on the future of AI in Legal
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.