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Unilateral Deed Of Absolute Sale Template for United Arab Emirates

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Key Requirements PROMPT example:

Unilateral Deed Of Absolute Sale

"I need a Unilateral Deed of Absolute Sale for transferring ownership of a commercial warehouse property in Dubai Industrial City, with specific provisions for existing tenant agreements and maintenance contracts that will transfer to the new owner in March 2025."

Document background
The Unilateral Deed of Absolute Sale is a crucial document in UAE property transactions where a single party (the seller) formally declares the transfer of property ownership. This document type is particularly useful in situations where a bilateral agreement has already been executed, and the deed serves as the final step in transferring property rights. It must comply with UAE Federal Law No. 5 of 1985 and relevant emirate-specific property laws, requiring proper notarization and registration with local land departments. The deed includes comprehensive property details, seller declarations, warranties of title, and clear transfer terms. It's commonly used in both residential and commercial property transactions throughout the UAE, where formal documentation of property transfer is essential for legal recognition and registration purposes.
Suggested Sections

1. Deed Title and Date: Formal title of the document as a Unilateral Deed of Absolute Sale, with execution date

2. Seller Details: Full legal name, Emirates ID/passport number, and complete address of the seller

3. Recitals: Background information establishing seller's ownership and authority to sell

4. Definitions: Key terms used throughout the deed, including Property, Purchase Price, and Transfer Date

5. Property Description: Detailed legal description of the property including title deed number, registration details, and exact location

6. Consideration: Statement of the full purchase price and payment terms

7. Transfer of Title: Express declaration of transfer of ownership and rights

8. Seller's Warranties: Warranties regarding ownership, right to sell, and property condition

9. Registration and Transfer: Provisions for registration with relevant land department

10. Governing Law: Explicit statement of UAE law governance

11. Execution: Formal execution block with notarization provisions

Optional Sections

1. Property Condition: Detailed description of property condition, used when selling property as-is or with known defects

2. Encumbrances: Section detailing any existing mortgages, liens, or other encumbrances, required if any exist

3. Power of Attorney: Required if the deed is being executed through an authorized representative

4. Previous Agreements: Section addressing any prior agreements or contracts relating to the property, used when relevant

5. Tax Declarations: Statements regarding tax obligations, particularly relevant for commercial properties

6. Service Charges: Details of outstanding service charges or maintenance fees, relevant for properties in managed communities

Suggested Schedules

1. Property Details Schedule: Comprehensive technical description of the property including floor plans and boundaries

2. Title Documents: Copies of original title deed and other ownership documents

3. Property Photographs: Recent photographs of the property for identification purposes

4. Payment Records: Evidence of payment and financial transactions related to the sale

5. NOC Documents: No Objection Certificates from relevant authorities or property developers

6. Property Plans: Official property/unit plans approved by relevant authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Commercial Property

Residential Property

Industrial Property

Retail

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Agriculture

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Legal

Real Estate

Compliance

Property Management

Asset Management

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Corporate Services

Risk Management

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Registration

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Property Registration Officer

Real Estate Director

Asset Manager

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Conveyancing Manager

Real Estate Transaction Specialist

Legal Director

Corporate Counsel

Property Portfolio Manager

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