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Real Estate Contract Addendum

Real Estate Contract Addendum Template for United Arab Emirates

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Key Requirements PROMPT example:

Real Estate Contract Addendum

"I need a Real Estate Contract Addendum for a Dubai property sale agreement to modify the completion date to March 15, 2025, and adjust the payment schedule from four installments to six installments, while keeping all other original terms unchanged."

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Document background
A Real Estate Contract Addendum is essential in the UAE's dynamic property market when parties need to modify existing real estate agreements without creating entirely new contracts. This document type is commonly used when circumstances require changes to original terms, such as payment schedules, property specifications, completion dates, or other contractual obligations. The addendum must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and specific emirate-level regulations, such as Dubai's Law No. 7 of 2006 for property registration. It's particularly relevant in cases involving property development changes, timeline adjustments, or modifications to payment terms, and requires proper registration with relevant land departments or regulatory authorities. The document ensures that modifications are legally binding while maintaining the validity of the original agreement's unaffected terms.
Suggested Sections

1. Parties: Identification of all parties to the original agreement and addendum, including their legal names and addresses

2. Background: Reference to the original agreement including its date, purpose, and reason for modification

3. Definitions: Key terms used in the addendum, including references to defined terms in the original agreement

4. Purpose of Addendum: Clear statement of the specific purpose and scope of the modification

5. Amendments: Detailed description of specific changes, modifications, or additions to the original agreement

6. Effect on Original Agreement: Statement confirming which original agreement terms remain in effect and which are superseded

7. Governing Law: Confirmation that UAE law governs the addendum, with specific reference to applicable Emirates

8. Execution: Signature blocks for all parties and witnesses as required under UAE law

Optional Sections

1. Additional Consideration: Required when the addendum involves changes to payment terms or additional payments

2. Property Modifications: Used when changes involve physical alterations to the property or its specifications

3. Timeline Amendments: Include when modifying completion dates, handover schedules, or payment schedules

4. Third Party Consents: Required when modifications need approval from mortgage providers, developers, or regulatory authorities

5. Registration Requirements: Include when the addendum requires separate registration with land department or authorities

6. Force Majeure Updates: Used when modifying force majeure provisions in light of changed circumstances

7. Dispute Resolution Modifications: Include when changing dispute resolution procedures from original agreement

Suggested Schedules

1. Schedule A - Modified Payment Terms: Detailed breakdown of any revised payment schedules or financial terms

2. Schedule B - Property Specifications: Updated property details, plans, or specifications if modified from original agreement

3. Schedule C - Timeline Revisions: Detailed timeline of revised dates and deadlines

4. Schedule D - Required Approvals: List of necessary third-party approvals and their status

5. Appendix 1 - Supporting Documents: Copies of relevant permits, certificates, or other supporting documentation

6. Appendix 2 - Original Agreement: Copy of the original agreement being modified

7. Appendix 3 - Authority Documents: Proof of authority to execute the addendum (power of attorney, board resolutions, etc.)

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

Banking & Finance

Legal Services

Property Management

Real Estate Investment

Hospitality

Retail

Commercial Property

Relevant Teams

Legal

Real Estate Operations

Property Management

Compliance

Sales

Contract Administration

Project Management

Risk Management

Property Development

Transaction Management

Relevant Roles

Real Estate Manager

Property Development Director

Legal Counsel

Contract Administrator

Real Estate Agent

Property Manager

Compliance Officer

Real Estate Investment Manager

Sales Director

Project Manager

Real Estate Operations Manager

Transaction Manager

Risk Management Officer

Property Registration Officer

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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