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Buy Sell Agreement (Real Estate) Template for Qatar

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Key Requirements PROMPT example:

Buy Sell Agreement (Real Estate)

"I need a Buy Sell Agreement (Real Estate) for the purchase of a residential villa in The Pearl-Qatar by a foreign buyer, with completion scheduled for March 2025 and including provisions for furniture and fixtures."

Document background
The Buy Sell Agreement (Real Estate) is a fundamental legal document used in Qatar for property transactions between sellers and buyers. It serves as the primary contract documenting the terms and conditions of real estate sales, whether for residential, commercial, or industrial properties. This agreement must comply with Qatar's Civil Code (Law No. 22 of 2004), Property Registration Law (Law No. 14 of 1964), and foreign ownership regulations (Law No. 16 of 2018). The document is essential for any property transaction in Qatar and must be structured to meet local registration requirements, including specific provisions for foreign buyers where applicable. It includes detailed property descriptions, payment terms, warranties, and completion requirements, ensuring all aspects of the property transfer are legally documented and enforceable under Qatar law.
Suggested Sections

1. Parties: Identification of the Seller and Buyer, including full legal names, Qatar ID numbers/Commercial Registration numbers, and addresses

2. Background: Context of the transaction, brief description of the property, and intention of the parties to enter into a sale and purchase agreement

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant terms

4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details as per Qatar Land Registry

5. Purchase Price: Agreed purchase price, currency, payment structure, and payment methods in compliance with Qatar banking regulations

6. Payment Terms: Detailed breakdown of payment schedule, deposit requirements, and conditions for each payment installment

7. Completion Requirements: Conditions to be met for completion, including documentation, registrations, and approvals required under Qatar law

8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with Qatar property laws

9. Property Registration: Process and requirements for transferring property registration at the Qatar Land Registry

10. Costs and Taxes: Allocation of transaction costs, registration fees, and any applicable taxes between parties

11. Default and Termination: Consequences of default by either party and conditions for termination of the agreement

12. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and Qatar courts' jurisdiction

Optional Sections

1. Foreign Ownership Compliance: Required for non-Qatari buyers, detailing compliance with Law No. 16 of 2018 and obtaining necessary permits

2. Condition of Property: Detailed description of property condition and any agreed repairs or modifications before completion

3. Due Diligence: Buyer's right to conduct property inspections and review documentation

4. Mortgage Provisions: Required if the purchase involves mortgage financing, including conditions and requirements

5. Vacant Possession: Required if property is currently occupied, detailing arrangements for vacant possession

6. Property Management: For properties in managed developments, details of management arrangements and service charges

7. Construction Completion: Required for off-plan properties, including construction milestones and completion requirements

8. Utilities and Services: Transfer of utility accounts and settlement of outstanding charges

9. Furniture and Fixtures: Required if sale includes furniture or fixtures, with detailed inventory

Suggested Schedules

1. Property Details Schedule: Detailed technical description of the property, including plot number, zone, and measurements

2. Title Documents: Copies of property ownership documents and registration certificates

3. Payment Schedule: Detailed breakdown of payment installments and due dates

4. Property Plan: Official property plans and drawings as registered with Qatar authorities

5. Inventory List: If applicable, detailed list of included furniture, fixtures, and equipment

6. Completion Requirements Checklist: List of documents and requirements needed for completion

7. Due Diligence Documents: Copies of permits, certificates, and compliance documents

8. Form of Transfer: Template documents required for property registration transfer

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

Relevant legal definitions
































Clauses





























Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Hospitality

Retail

Commercial Property

Residential Property

Industrial Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Business Development

Facilities Management

Operations

Finance

Investment

Risk Management

Corporate Services

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Manager

Transaction Manager

Development Director

Investment Manager

Facilities Manager

Business Development Manager

Contract Administrator

General Counsel

Real Estate Partner

Property Consultant

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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