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Sale Deed Agreement
"I need a Sale Deed Agreement for the transfer of a commercial warehouse property in Dubai Industrial City from my company (ABC Trading LLC) to XYZ Logistics, with completion scheduled for March 15, 2025, including specific provisions for existing tenant arrangements."
1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and identification details as per UAE requirements
2. Background: Context of the sale and brief description of the property being transferred
3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant definitions
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details as per UAE Land Department records
5. Sale and Purchase: Core agreement for the sale and purchase, including the precise nature of rights being transferred
6. Purchase Price: Detailed breakdown of the purchase price and payment terms
7. Completion Requirements: Requirements for completion of the sale, including documentation and registration requirements
8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and other standard property warranties
9. Registration and Transfer: Process and requirements for property registration with relevant authorities
10. Costs and Taxes: Allocation of registration fees, transfer fees, and other associated costs
11. Notices: Process for serving notices between parties
12. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
1. Condition of Property: Detailed description of property condition, used for existing properties
2. Mortgage Details: Required if property is subject to existing mortgage or new mortgage arrangements
3. Multiple Ownership Provisions: Required when property has multiple sellers or buyers
4. Vacant Possession: Required when property is currently occupied and timing of vacancy needs to be specified
5. Service Charge Provisions: Required for properties in managed communities or buildings
6. Property Management: Required for commercial properties with existing management arrangements
7. Defect Liability: Required for new properties or properties under warranty
8. Escrow Arrangements: Required when payment is held in escrow
1. Property Schedule: Detailed technical description of property including plot number, municipality details, and exact measurements
2. Title Documents: Copies of existing title deed and other ownership documents
3. Payment Schedule: Detailed breakdown of payment installments and timing
4. Property Plans: Official property plans and drawings as registered with land department
5. Inventory: List of fixtures and fittings included in the sale
6. Property Certificates: Relevant certificates including building completion, compliance certificates
7. Due Diligence Documents: Results of property searches and due diligence investigations
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Hospitality
Retail
Commercial Property
Residential Property
Industrial Property
Legal
Real Estate
Compliance
Property Management
Sales
Business Development
Risk Management
Operations
Corporate Services
Documentation
Real Estate Manager
Property Lawyer
Legal Counsel
Real Estate Agent
Property Developer
Compliance Officer
Contract Manager
Property Registration Officer
Real Estate Director
Sales Manager
Property Consultant
Legal Director
Real Estate Investment Manager
Property Portfolio Manager
Transaction Manager
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