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Deed Of Sale For Lot

Deed Of Sale For Lot Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Sale For Lot

"I need a Deed of Sale for Lot for a commercial plot in Dubai Silicon Oasis, where my company is purchasing the property from a corporate seller, with completion scheduled for March 2025, including specific development obligations and environmental requirements."

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Document background
The Deed of Sale for Lot is a crucial legal instrument in UAE real estate transactions, used when transferring ownership of land plots between parties. This document is essential in both commercial and residential property transactions across all emirates of the UAE, though specific requirements may vary by emirate. The deed must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws. It contains vital information including property details, consideration, payment terms, and warranties, while ensuring all local registration requirements are met. The document is particularly important in the UAE's growing real estate market, where clear documentation of property ownership and transfer is essential for legal certainty and compliance with local regulations.
Suggested Sections

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

2. Background: Context of the sale and brief description of the property being transferred

3. Definitions: Key terms used throughout the deed including Property, Completion Date, Purchase Price, etc.

4. Property Details: Detailed description of the lot including plot number, location, dimensions, and total area

5. Consideration: Purchase price, payment terms, and method of payment

6. Title and Ownership: Seller's confirmation of ownership and right to sell, including details of current title deed

7. Completion: Process and requirements for completing the sale, including registration requirements

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

9. Registration and Transfer: Procedures for property registration and transfer at the relevant land department

10. Costs and Taxes: Allocation of registration fees, transfer fees, and other associated costs

11. Governing Law: Confirmation of UAE law application and relevant emirate jurisdiction

Optional Sections

1. Condition of Property: Detailed description of property condition - used when selling developed lots

2. Development Obligations: Include when there are specific development requirements or restrictions on the lot

3. Environmental Matters: Include when there are environmental considerations or restrictions

4. Easements and Rights of Way: Include when there are existing easements or rights affecting the property

5. Payment Schedule: Include when payment is to be made in installments

6. Due Diligence: Include when buyer requires specific due diligence provisions

7. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

Suggested Schedules

1. Property Plan: Official survey plan or plot layout showing boundaries and dimensions

2. Title Deed: Copy of current title deed and ownership documentation

3. Payment Schedule: Detailed breakdown of payment installments if applicable

4. Land Department Requirements: List of documents required for registration

5. Property Photographs: Recent photographs of the lot and any existing structures

6. Encumbrances Schedule: Details of any existing mortgages, liens, or other encumbrances

7. Planning Permissions: Copies of relevant planning permissions or zoning certificates

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

Property Development

Construction

Urban Planning

Banking & Finance

Legal Services

Investment & Asset Management

Property Management

Infrastructure Development

Hospitality

Relevant Teams

Legal

Real Estate

Compliance

Property Development

Land Administration

Asset Management

Investment

Operations

Finance

Risk Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Land Registration Officer

Real Estate Broker

Property Consultant

Development Director

Investment Manager

Asset Manager

Contract Administrator

Real Estate Partner

Property Lawyer

Transaction Manager

Development 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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