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Deed Of Absolute Sale Of A Portion Of Land
"I need a Deed of Absolute Sale of a Portion of Land for selling 5,000 square meters of my industrial plot in Sharjah Industrial City to a manufacturing company, with completion planned for March 2025, including specific terms about maintaining shared access roads."
1. Parties: Identification of the Seller and Buyer with complete details including Emirates ID numbers
2. Background: History of ownership, context of the sale, and reference to the master title deed
3. Definitions: Key terms used throughout the deed including Property, Purchase Price, Completion Date
4. Property Description: Detailed description of the portion of land being sold, including exact measurements, boundaries, and coordinates
5. Consideration: Purchase price, payment terms, and confirmation of receipt
6. Warranties and Representations: Seller's warranties regarding ownership, absence of encumbrances, and authority to sell
7. Transfer of Title: Clear statement of transfer of ownership and rights
8. Registration and Costs: Obligations regarding property registration and responsibility for associated costs
9. Possession: Terms of delivering possession of the property
10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
11. Execution: Formal execution block with witness requirements
1. Conditions Precedent: Used when the sale is subject to specific conditions being met, such as governmental approvals for subdivision
2. Seller's Obligations: Include when there are specific obligations for the seller before completion
3. Buyer's Obligations: Include when there are specific obligations for the buyer before completion
4. Environmental Matters: Include when the land has specific environmental considerations or requirements
5. Development Restrictions: Include when there are specific restrictions on future development of the land
6. Service Charges: Include when the property is part of a managed development with ongoing charges
7. Power of Attorney: Include when either party is acting through an attorney
1. Property Plan: Detailed survey plan showing the portion of land being sold
2. Title Documents: Copies of relevant title documents and ownership certificates
3. Land Department Approvals: Copies of governmental approvals for the subdivision
4. Payment Schedule: If payment is to be made in installments
5. Property Photographs: Recent photographs of the land and any structures
6. Boundary Description: Technical description of property boundaries and coordinates
7. Due Diligence Documents: Relevant search results and certificates from government authorities
Authors
Real Estate
Construction
Property Development
Banking and Finance
Urban Planning
Agriculture
Industrial Development
Commercial Property
Residential Property
Infrastructure Development
Legal
Real Estate
Compliance
Property Management
Development
Corporate Affairs
Land Administration
Transaction Advisory
Investment
Operations
Real Estate Manager
Property Developer
Legal Counsel
Land Surveyor
Property Manager
Real Estate Agent
Compliance Officer
Development Director
Project Manager
Transaction Manager
Corporate Lawyer
Real Estate Partner
Construction Manager
Investment Manager
Urban Planning Director
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