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Property Transfer Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Property Transfer Contract

I need a Property Transfer Contract for a 2-bedroom apartment in Dubai Marina, with completion scheduled for March 15, 2025, and full payment to be made in one installment at completion.

Document background
The Property Transfer Contract is a fundamental legal instrument used in the United Arab Emirates for documenting and executing the transfer of real property ownership. This contract type is essential for any real estate transaction in the UAE, whether involving residential, commercial, or industrial properties. It must comply with UAE federal laws and specific emirate-level regulations, particularly in Dubai and Abu Dhabi where distinct real estate laws apply. The document includes crucial elements such as party details, property specifications, payment terms, and completion requirements, while addressing UAE-specific considerations like Land Department registration procedures and foreign ownership restrictions. It serves as both a record of the transaction and a legally binding agreement that protects the interests of all parties involved while ensuring adherence to local property transfer regulations.
Suggested Sections

1. Parties: Detailed identification of the Seller and Buyer, including full legal names, Emirates ID numbers for UAE residents, passport numbers for non-residents, and complete contact details

2. Background: Context of the transfer, including current ownership status and brief property history

3. Definitions: Key terms used throughout the agreement, including Property, Transfer Date, Completion, Title Deed, etc.

4. Property Details: Comprehensive description of the property including location, size, title deed number, and any associated rights

5. Purchase Price: Agreed purchase price, payment terms, and method of payment

6. Transfer Terms: Specific conditions and process for the transfer of ownership

7. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and authority to sell

8. Buyer's Obligations: Responsibilities of the buyer including payment, registration requirements, and due diligence

9. Completion: Details of the completion process, including timing, location, and requirements

10. Registration: Requirements and procedures for registering the transfer with relevant authorities

11. Costs and Fees: Allocation of transfer fees, registration fees, and other associated costs

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts' jurisdiction

Optional Sections

1. Mortgage Details: Required if the property is subject to an existing mortgage or if the purchase is being financed through a new mortgage

2. Payment Plan: Required if the purchase price is to be paid in installments rather than as a single payment

3. Condition of Property: Detailed description of property condition and any agreed repairs, particularly relevant for existing properties

4. Vacant Possession: Required if the property is currently occupied and details of vacancy timing need to be specified

5. Service Charge: Required for properties in managed communities, detailing responsibility for outstanding and future service charges

6. Agent Provisions: Required if real estate agents are involved, detailing commission arrangements

7. Force Majeure: Optional clause dealing with unforeseen circumstances that might affect completion

8. Utilities and Connections: Required for existing properties, dealing with transfer of utility connections and outstanding bills

Suggested Schedules

1. Property Schedule: Detailed technical description of the property including floor plans, area calculations, and included fixtures and fittings

2. Payment Schedule: Detailed breakdown of payment terms, installments, and due dates if applicable

3. Title Documents: Copies of current title deed and other relevant ownership documents

4. Property Inspection Report: If applicable, detailed report on property condition and any identified issues

5. Service Charge Statement: Current status of service charges and maintenance fees if applicable

6. EJARI Certificate: For Dubai properties, copy of EJARI registration if property was previously rented

7. NOC Documents: Any required No Objection Certificates from developers or relevant authorities

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



































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Relevant Industries

Real Estate

Banking and Finance

Legal Services

Property Development

Construction

Property Management

Investment

Real Estate Investment Trusts (REITs)

Hospitality

Retail

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Asset Management

Investment

Operations

Documentation

Risk Management

Corporate Services

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Investment Manager

Real Estate Investment Advisor

Property Portfolio Manager

Contracts Manager

Real Estate Operations Director

Chief Legal Officer

Property Acquisition Manager

Real Estate Transaction Coordinator

Legal Documentation 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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