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Title Release Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Title Release Form

"I need a Title Release Form for a commercial property in Dubai Marina, transferring from my company to a subsidiary company, with completion scheduled for March 15, 2025; the property has an existing mortgage that needs to be addressed."

Document background
The Title Release Form is a crucial document in UAE property transactions, used when one party needs to formally relinquish their rights and interests in a property to another party. This document is essential in various scenarios, including property sales, inheritance settlements, or resolution of property disputes. The form must comply with UAE federal laws, including the UAE Civil Code and Property Law, as well as specific emirate-level regulations. It requires detailed property information, proper identification of all parties, and must be executed in both Arabic and English. The document typically needs to be notarized and registered with the relevant land department or property registration authority. A properly executed Title Release Form provides legal protection for both the releasor and releasee, ensuring clear documentation of the transfer of property rights.
Suggested Sections

1. Parties: Identification of the parties: the current title holder (Releasor) and the party to whom the title is being released (Releasee), including full legal names, Emirates ID numbers, and contact details

2. Background: Brief context explaining the circumstances leading to the title release

3. Definitions: Key terms used in the document, including 'Property', 'Title', 'Release Date', and any other relevant terms

4. Property Details: Comprehensive description of the property including plot number, property ID, location, size, and any relevant registration details

5. Release Declaration: Clear and unambiguous statement of the release of title, rights, and interests in the property

6. Consideration: Details of any payment or consideration for the release, if applicable

7. Representations and Warranties: Statements confirming the Releasor's authority to release the title and that the property is free from encumbrances

8. Execution: Signature blocks for all parties, including spaces for witnesses and notary public attestation

Optional Sections

1. Prior Agreements: Section detailing any previous agreements relating to the property, used when there are existing contracts or arrangements that need to be addressed

2. Governing Language: Clause specifying which language version prevails in case of discrepancy between Arabic and English, used in bilingual documents

3. Power of Attorney: Section acknowledging any power of attorney arrangements, used when any party is acting through an authorized representative

4. Mortgage Release: Additional release declarations for any mortgage interests, used when the property has existing mortgage arrangements

5. Survival Clause: Provisions that survive the release, used when certain obligations need to continue past the release date

Suggested Schedules

1. Property Title Deed: Copy of the original title deed and registration details

2. Property Plans: Official property plans and drawings showing boundaries and specifications

3. Identity Documents: Copies of Emirates ID cards and other identification documents of all parties

4. Powers of Attorney: If applicable, copies of any power of attorney documents

5. Payment Records: If applicable, records of any consideration paid for the release

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

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Relevant Industries

Real Estate

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Real Estate Manager

Property Manager

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