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Deed Of Sale And Deed Of Absolute Sale
"I need a Deed of Sale and Deed of Absolute Sale for a residential apartment in Pearl Qatar, with transfer completion scheduled for March 15, 2025, including standard payment terms and requiring specific provisions for utility transfer and maintenance fees."
1. Parties: Identification of the Seller and Buyer with complete legal names, addresses, and Qatar ID/Commercial Registration numbers
2. Background: Context of the sale, property ownership history, and purpose of the transfer
3. Definitions: Key terms used throughout the deed, including Property, Purchase Price, Completion Date, etc.
4. Property Details: Comprehensive description of the property being sold, including location, boundaries, and registration details
5. Consideration: Purchase price, payment terms, and method of payment
6. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and right to sell
7. Transfer of Ownership: Terms of property transfer and registration procedures
8. Possession and Risk: Timing and conditions for transfer of possession and assumption of risk
9. Completion Requirements: Documents and actions required for completion of the sale
10. Registration and Transfer Costs: Allocation of registration fees, transfer taxes, and other associated costs
11. Governing Law and Jurisdiction: Confirmation of Qatar law governance and jurisdiction
1. Mortgage Release: Required if the property has an existing mortgage that needs to be discharged
2. Third Party Rights: Needed if there are existing tenants or other rights holders
3. Foreign Ownership Compliance: Required for non-Qatari buyers, addressing compliance with foreign ownership laws
4. Property Management Handover: Relevant for properties in managed developments or compounds
5. Utilities and Services Transfer: Details of utility account transfers and outstanding payments
6. Development Obligations: Required if the property is part of an ongoing development project
7. Shariah Compliance Declaration: Optional section confirming compliance with Islamic principles
8. Post-Completion Obligations: Any continuing obligations after completion of the sale
1. Property Description Schedule: Detailed technical description of the property, including plans and measurements
2. Title Documents: Copies of existing title documents and registration certificates
3. Payment Schedule: If payment is in installments, detailed payment plan with dates and amounts
4. Property Condition Report: Current condition of the property and any existing defects
5. Inventory Schedule: List of fixtures, fittings, and other items included in the sale
6. Required Permits: Copies of building permits, completion certificates, and other regulatory approvals
7. Property Plans: Official property plans and drawings
8. Due Diligence Documents: Results of property searches, encumbrance checks, and other due diligence
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Commercial Property
Residential Property
Investment and Asset Management
Property Management
Infrastructure Development
Legal
Real Estate
Compliance
Property Management
Asset Management
Business Development
Investment
Finance
Operations
Risk Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Property Developer
Investment Manager
Asset Manager
Real Estate Director
Transaction Manager
Property Registrar
Bank Manager
Conveyancing Lawyer
Real Estate Consultant
Business Development Manager
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