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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."
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
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
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
Real Estate
Banking and Finance
Construction
Property Development
Legal Services
Investment and Asset Management
Hospitality
Industrial and Manufacturing
Retail
Legal
Real Estate
Compliance
Property Management
Asset Management
Documentation
Corporate Affairs
Risk Management
Operations
Real Estate Manager
Property Manager
Legal Counsel
Compliance Officer
Real Estate Attorney
Title Officer
Property Registration Specialist
Asset Manager
Real Estate Transaction Coordinator
Document Control Specialist
Corporate Lawyer
Property Rights Administrator
Real Estate Operations Director
Legal Documentation Manager
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