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Real Estate Contract To Sell
"I need a Real Estate Contract To Sell for a luxury residential villa in Pearl Qatar, with a foreign corporate buyer and staged payments over 6 months starting March 2025, including provisions for mortgage financing and foreign ownership compliance."
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 sale, including brief property description and intention to sell/purchase
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
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, payment schedule, and method of payment
6. Payment Terms: Detailed breakdown of payment structure, including deposits, installments, and final payment
7. Completion: Process and requirements for completing the sale, including registration requirements at the Qatar Land Registry
8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with local laws
9. Property Condition: Current condition of the property and any agreed repairs or modifications
10. Due Diligence: Buyer's right to inspect and verify property details and documentation
11. Transfer of Ownership: Process and requirements for legal transfer of property ownership
12. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes
13. Default and Termination: Consequences of default and conditions for contract termination
14. Governing Law and Jurisdiction: Confirmation of Qatar law governance and jurisdiction of Qatar courts
15. Notices: Method and addresses for official communications between parties
16. Entire Agreement: Confirmation that the document represents the complete agreement between parties
1. Mortgage Arrangements: Include when buyer is obtaining mortgage financing, detailing lender requirements and conditions
2. Foreign Ownership Compliance: Required for non-Qatari buyers, addressing compliance with foreign ownership restrictions
3. Property Management Handover: Include for properties within managed communities or buildings
4. Broker Provisions: Include when real estate brokers are involved in the transaction
5. Furniture and Fixtures: Include when sale includes specific furniture or fixtures
6. Construction Completion: Required for off-plan properties or properties under construction
7. Post-Completion Obligations: Include when there are specific obligations after sale completion
8. Third-Party Approvals: Include when transaction requires specific governmental or third-party approvals
1. Property Title Deed: Copy of official property title deed and registration details
2. Property Plans: Architectural plans, floor plans, and property boundaries
3. Payment Schedule: Detailed breakdown of payment installments and due dates
4. Property Inventory: List of included fixtures, fittings, and any furniture if applicable
5. Due Diligence Documents: Property inspection reports, certificates, and compliance documents
6. Service Charges: Details of any applicable service charges or maintenance fees
7. Property Photographs: Current photographs documenting property condition
8. Required Permits: Copies of relevant permits and certificates required for sale
Authors
Real Estate
Property Development
Construction
Banking & Finance
Legal Services
Property Management
Insurance
Investment & Asset Management
Urban Development
Facilities Management
Legal
Real Estate
Compliance
Property Management
Contract Administration
Business Development
Investment
Risk Management
Finance
Operations
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Real Estate Development Manager
Investment Manager
Property Consultant
Contract Administrator
Real Estate Transaction Manager
Property Acquisitions Manager
Real Estate Portfolio Manager
Legal Director
Chief Legal Officer
Real Estate Finance Manager
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