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Sale Deed Form
"I need a Sale Deed Form for a luxury apartment in Dubai Marina, with a planned completion date of March 15, 2025, including provisions for installment payments and existing tenant rights."
1. Parties: Full legal names and details of the Seller and Purchaser, including Emirates ID numbers for UAE residents or passport details for non-residents
2. Background: Brief context of the sale transaction and confirmation of the Seller's ownership rights
3. Definitions: Key terms used throughout the deed, including Property, Purchase Price, Completion Date, and other relevant terminology
4. Property Details: Comprehensive description of the property including exact location, size, boundaries, and registration details as per UAE property records
5. Sale and Purchase: Core terms of the sale including the agreed purchase price and confirmation of the transfer of ownership
6. Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment
7. Completion Requirements: Specific requirements and conditions for completing the sale transaction
8. Seller's Warranties: Legal warranties regarding property ownership, absence of encumbrances, and authority to sell
9. Registration and Transfer: Procedures for registering the transfer with relevant authorities and requirements for documentation
10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for dispute resolution
11. Execution: Formal execution block including spaces for signatures, witnesses, and notarization
1. Condition of Property: Detailed description of the property's condition, to be included when selling property as-is or with known defects
2. Mortgage Details: Required when the property is subject to an existing mortgage or when the purchase is being financed
3. Tenant Rights: To be included when the property is sold with existing tenants and lease agreements
4. Service Charges: For properties in managed communities, detailing ongoing service charge obligations
5. Developer Obligations: For off-plan properties or newly completed properties still under developer warranty
6. Power of Attorney: When any party is acting through an authorized representative
7. Foreign Ownership: Special provisions required for foreign buyers in accordance with UAE foreign ownership laws
1. Property Title Deed: Copy of the original title deed showing current ownership
2. Property Plans: Official floor plans and location maps from relevant authorities
3. Payment Schedule: Detailed breakdown of payment installments and dates if not paid in full
4. Inventory List: For properties sold furnished, detailing included items and their condition
5. Previous Permits: Copies of relevant permits, certificates, and approvals for the property
6. Service Charge Statement: Current statement of service charges and confirmation of payments up to date
7. NOC Documents: No Objection Certificates from relevant authorities or developers
Authors
Real Estate
Legal Services
Banking and Finance
Construction and Development
Property Management
Investment and Asset Management
Hospitality
Retail
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Property Management
Sales
Operations
Contract Administration
Risk Management
Investment
Asset Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Property Developer
Investment Manager
Asset Manager
Real Estate Transaction Manager
Contract Administrator
Legal Director
Property Registration Officer
Real Estate Operations Manager
Conveyancing Manager
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