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Contract For Buying Land From Owner

Contract For Buying Land From Owner Template for United Arab Emirates

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Key Requirements PROMPT example:

Contract For Buying Land From Owner

"I need a Contract For Buying Land From Owner for a commercial plot in Dubai Healthcare City, UAE, with completion scheduled for March 2025; the contract must include specific provisions for medical facility development and comply with free zone regulations."

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Document background
The Contract For Buying Land From Owner is a crucial legal document used in the United Arab Emirates for real estate transactions involving direct land purchases. This agreement is essential when acquiring undeveloped land, developed property, or commercial plots in the UAE, and must comply with both Federal Law No. 5 of 1985 (Civil Code) and specific emirate property regulations. The document is structured to protect both parties' interests while ensuring compliance with UAE property ownership rules, registration requirements, and Islamic law principles. It includes comprehensive details about the property, terms of sale, payment conditions, and completion requirements, making it suitable for both private and commercial land acquisitions. The contract serves as the primary instrument for documenting the transaction and facilitating proper registration with the relevant Land Department.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names and details

2. Background: Recitals explaining the context of the sale and confirming seller's ownership

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

4. Sale and Purchase: Core agreement to sell and purchase the property

5. Property Description: Detailed description of the land including exact boundaries and any restrictions

6. Purchase Price: Statement of the agreed purchase price and payment structure

7. Payment Terms: Detailed payment schedule and method of payment

8. Completion: Process and requirements for completing the transaction

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

10. Buyer's Warranties: Warranties regarding capacity to purchase and source of funds

11. Registration: Requirements and process for property registration

12. Costs and Taxes: Allocation of transaction costs and applicable taxes

13. Governing Law: Confirmation of UAE law application and jurisdiction

14. Notices: Process for formal communications between parties

15. General Provisions: Standard boilerplate clauses including severability and entire agreement

Optional Sections

1. Development Obligations: Used when the land requires specific development or has development restrictions

2. Financing Conditions: Required when purchase is subject to mortgage or financial institution approval

3. Environmental Conditions: Needed for properties requiring environmental assessment or remediation

4. Third Party Rights: Used when there are existing tenants or other third-party interests

5. Due Diligence Period: When buyer requires time for property investigation

6. Conditions Precedent: For transactions subject to specific conditions being met

7. Phased Completion: For transactions involving staged transfers or payments

8. Agricultural Provisions: Required for agricultural land with specific use requirements

Suggested Schedules

1. Property Details: Detailed legal description, plot number, location coordinates, and land size

2. Title Documents: List of all title documents and ownership certificates

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

4. Property Plans: Official survey plans and property drawings

5. Encumbrances: List of any existing encumbrances, easements, or restrictions

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

7. Form of Transfer: Template transfer documents required by Land Department

8. Completion Requirements: Checklist of documents required for completion

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions












































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Relevant Industries

Real Estate

Construction

Property Development

Agriculture

Industrial Development

Hospitality

Retail

Commercial Property

Infrastructure

Education

Healthcare

Logistics

Manufacturing

Tourism

Relevant Teams

Legal

Real Estate

Property Development

Finance

Compliance

Risk Management

Operations

Facilities Management

Business Development

Investment

Project Management

Relevant Roles

Real Estate Manager

Property Development Director

Legal Counsel

Land Acquisition Manager

Chief Executive Officer

Chief Financial Officer

Investment Manager

Project Manager

Facilities Manager

Property Consultant

Real Estate Agent

Compliance Officer

Risk Manager

Development Director

Operations Manager

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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