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Property Transfer Contract
"I need a Property Transfer Contract for a commercial office space in West Bay, Doha, where the buyer is a foreign corporation requiring compliance with Qatar's foreign ownership laws, with completion scheduled for March 2025."
1. Parties: Identification of the Seller and Buyer with full legal names, Qatar ID numbers/Commercial Registration numbers, and addresses
2. Background: Context of the transfer, including brief property history and purpose of the transfer
3. Definitions: Definitions of key terms used throughout the contract
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details as per Qatar Real Estate Registration Department
5. Purchase Price: Specified purchase price in Qatari Riyal and payment terms including deposit and completion payment details
6. Transfer of Ownership: Process and conditions for transferring legal title at the Real Estate Registration Department
7. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with laws
8. Completion Requirements: Steps required for completion including documentation and registration requirements
9. Costs and Taxes: Allocation of transfer fees, registration costs, and any applicable taxes
10. Governing Law and Jurisdiction: Confirmation of Qatar law governance and jurisdiction of Qatar courts
1. Foreign Ownership Compliance: Required when buyer is non-Qatari, detailing compliance with Law No. 16 of 2018
2. Mortgage Details: Required when property is mortgaged or buyer is obtaining mortgage financing
3. Property Management Handover: Required for properties in managed developments or compounds
4. Tenant Provisions: Required when property is being sold with existing tenants
5. Condition Precedents: Required when transfer is subject to specific conditions being met
6. Development Obligations: Required for off-plan properties or properties under construction
1. Property Title Deed: Copy of current title deed and property registration details
2. Property Plans: Official property plans and drawings as registered with municipality
3. Inventory List: List of fixtures, fittings, and any included furniture if applicable
4. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
5. Due Diligence Documents: Copies of permits, certificates, and compliance documents
6. Property Photographs: Recent photographs documenting current condition of the property
Authors
Real Estate
Construction
Banking & Finance
Legal Services
Property Development
Property Management
Investment & Asset Management
Urban Development
Hospitality
Retail
Legal
Real Estate
Compliance
Property Management
Asset Management
Facilities
Investment
Operations
Risk Management
Corporate Services
Real Estate Manager
Property Lawyer
Legal Counsel
Compliance Officer
Property Development Manager
Real Estate Agent
Investment Manager
Asset Manager
Property Valuation Specialist
Real Estate Transaction Coordinator
Corporate Counsel
Property Registration Officer
Real Estate Director
Chief Legal Officer
Facilities Manager
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