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Deed Of Relinquishment
"I need a Deed of Relinquishment for surrendering my ownership rights in a retail property located in Dubai Marina to my business partner, with the transfer to be completed by March 2025."
1. Parties: Identification of the Relinquishing Party and the Beneficiary Party (if applicable), including full legal names, addresses, and identification details as required under UAE law
2. Background: Context of the relinquishment, including description of the current rights/interests held and reason for relinquishment
3. Definitions: Key terms used in the deed, including definition of the Property/Rights being relinquished
4. Subject Matter of Relinquishment: Detailed description of exactly what is being relinquished, including any associated rights or interests
5. Declaration of Relinquishment: Clear and unequivocal statement of the relinquishment of rights/interests
6. Consideration: Statement of any consideration (if applicable) or confirmation that the relinquishment is voluntary and without consideration
7. Representations and Warranties: Confirmations from the relinquishing party regarding ownership, capacity, and authority to relinquish
8. Governing Law and Jurisdiction: Confirmation that UAE law governs the deed and jurisdiction of UAE courts
9. Execution: Formal execution block meeting UAE requirements, including witness provisions
1. Further Assurance: Commitment to execute additional documents if needed - include when complex rights are being relinquished
2. Indemnification: Indemnities related to the relinquished rights - include when there are potential future claims
3. Successors and Assigns: Binding effect on successors - include when dealing with property or long-term rights
4. Notices: Communication provisions - include when ongoing obligations exist
5. Severability: Provisions for partial invalidity - include in complex relinquishments
1. Schedule 1 - Property Description: Detailed description of property or rights being relinquished, including registration details if applicable
2. Schedule 2 - Supporting Documents: List and copies of relevant title documents, permits, or certificates
3. Schedule 3 - Powers of Attorney: If applicable, powers of attorney or other authority documents
4. Appendix A - Maps/Plans: For property-related relinquishments, relevant maps or plans
5. Appendix B - Required Consents: Copies of third-party consents or regulatory approvals if required
Authors
Real Estate
Construction
Banking and Finance
Family Business
Corporate/Commercial
Infrastructure
Government and Public Sector
Oil and Gas
Manufacturing
Retail
Legal
Real Estate
Compliance
Corporate Secretariat
Risk Management
Business Development
Operations
Property Management
Asset Management
Corporate Affairs
Legal Counsel
Property Manager
Real Estate Director
Compliance Officer
Corporate Secretary
Risk Manager
Business Development Manager
Contract Administrator
CEO
Managing Director
Property Development Manager
Asset Manager
Operations Director
Family Office Manager
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