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Agreement To Sell Land Template for United Arab Emirates

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Key Requirements PROMPT example:

Agreement To Sell Land

"I need an Agreement To Sell Land for a commercial plot in Dubai Silicon Oasis, where the buyer is a foreign technology company requiring specific development commitments and the completion date is set for March 15, 2025."

Document background
The Agreement To Sell Land is a fundamental legal document used in the United Arab Emirates for property transactions involving the transfer of land ownership. This document is essential when any party wishes to sell or purchase land in the UAE, whether for development, investment, or other purposes. The agreement must comply with the UAE Civil Code, relevant emirate-specific property laws, and Land Department regulations. It includes crucial details such as property specifications, payment terms, warranties, and completion requirements. The document is particularly important in the UAE context due to specific requirements regarding property registration, foreign ownership restrictions, and compliance with Islamic finance principles where applicable. This agreement serves as the primary document for Land Department registration and forms the basis for the official transfer of property ownership in the UAE.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, addresses, and Emirates ID numbers

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

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed legal description of the land including plot number, size, location, and boundaries

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

6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default

7. Title and Registration: Confirmation of seller's ownership and process for title transfer at the Land Department

8. Completion: Process and requirements for completion of the sale, including timing and location

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

10. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with UAE ownership laws

11. Pre-Completion Obligations: Responsibilities of both parties before completion

12. Transfer of Ownership: Process and requirements for transferring ownership at the relevant Land Department

13. Costs and Taxes: Allocation of registration fees, transfer fees, and other transaction costs

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

15. Notices: Process for serving formal notices between parties

16. General Provisions: Standard contractual provisions including severability and entire agreement clauses

Optional Sections

1. Condition of Property: Detailed description of property condition, used when selling developed land

2. Development Obligations: Include when the land is subject to development requirements or restrictions

3. Mortgage Details: Required when the property has an existing mortgage to be discharged

4. Power of Attorney: Include when either party is acting through an attorney

5. Escrow Arrangements: Details of escrow account when required for the transaction

6. Due Diligence Period: Include when buyer requires time for additional property investigations

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

8. Service Charges: Include for properties within managed developments

9. Environmental Matters: Required for industrial or potentially contaminated land

Suggested Schedules

1. Property Plan: Official survey plan and property boundaries

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

3. Payment Schedule: Detailed breakdown of payment installments and dates

4. Property Permits: Copies of relevant building permits and certificates

5. Land Department Requirements: List of documents required for transfer at Land Department

6. Encumbrances Schedule: Details of any existing encumbrances, easements or restrictions

7. Due Diligence Documents: List of documents provided for buyer's due diligence

8. Property Photographs: Recent photographs of the land and any structures

9. Completion Requirements: Checklist of items required for completion

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses































Relevant Industries

Real Estate

Construction

Property Development

Banking & Finance

Agriculture

Industrial

Retail

Hospitality

Commercial Property

Residential Property

Infrastructure Development

Relevant Teams

Legal

Real Estate

Compliance

Finance

Property Management

Investment

Operations

Risk Management

Facilities

Business Development

Relevant Roles

Real Estate Director

Property Manager

Legal Counsel

Compliance Officer

Land Acquisition Manager

Development Manager

Investment Manager

Real Estate Broker

Property Lawyer

Chief Financial Officer

Facilities Manager

Asset Manager

Real Estate Consultant

Transaction Manager

Due Diligence 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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