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1. Parties: Detailed identification of the Seller and Purchaser, including full legal names, addresses, and registration details for corporate entities
2. Background: Context of the transaction, including brief description of the property and parties' intention to enter into an advance purchase arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including technical and legal terminology
4. Property Details: Comprehensive description of the property including location, size, boundaries, and any existing encumbrances
5. Purchase Price: Detailed breakdown of the purchase price, payment schedule, and payment methods
6. Payment Terms: Specific conditions for payment installments, deposit requirements, and escrow arrangements
7. Conditions Precedent: Conditions that must be satisfied before the agreement becomes fully effective
8. Seller's Obligations: Detailed list of seller's commitments, including property maintenance and documentation requirements
9. Purchaser's Obligations: Detailed list of purchaser's commitments, including payment obligations and due diligence requirements
10. Completion: Process and requirements for completing the sale, including documentation and registration procedures
11. Title and Registration: Provisions regarding transfer of title and registration requirements under UAE law
12. Representations and Warranties: Standard and specific warranties from both parties regarding their capacity and the property
13. Default and Termination: Consequences of default by either party and circumstances allowing termination
14. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Development Conditions: Required when property is under development, specifying construction timelines and quality standards
2. Mortgage Provisions: Include when the property has existing mortgages or purchaser requires mortgage financing
3. Foreign Ownership Provisions: Required when purchaser is a non-UAE national, addressing specific requirements and restrictions
4. Property Management: Include for properties within managed communities or with specific maintenance requirements
5. Third Party Rights: Required when there are existing tenants or other third-party rights affecting the property
6. Force Majeure: Optional clause addressing unforeseen circumstances that may affect completion
7. Confidentiality: Include when parties wish to keep transaction details private
8. Assignment Rights: Include when either party may need to transfer their rights under the agreement
1. Property Details Schedule: Detailed technical description of property, including plans and specifications
2. Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
3. Title Documents: Copies of existing title deed and other ownership documents
4. Due Diligence Documents: List of required documents for due diligence and their status
5. Property Plans: Architectural drawings, floor plans, and location maps
6. Completion Requirements: Checklist of documents and actions required for completion
7. Development Specifications: If property under development, detailed construction specifications and finishes
8. Form of Transfer Deed: Template of the final transfer deed to be executed at completion
Advance Payment
Applicable Laws
Business Day
Completion
Completion Date
Conditions Precedent
Confidential Information
Deposit
Development
Due Diligence
Effective Date
Encumbrance
Escrow Account
Escrow Agent
Final Payment
Force Majeure Event
Governing Law
Land Department
Material Adverse Change
Municipality
Notice
Party/Parties
Payment Schedule
Permits
Property
Property Title
Purchase Price
Purchaser
Registration Fee
Relevant Authority
Seller
Seller's Warranties
Termination Date
Title Deed
Transfer Date
Transfer Fee
UAE
UAE Dirhams
Utilities
Sale and Purchase
Purchase Price
Payment Terms
Escrow Arrangements
Property Title
Due Diligence
Conditions Precedent
Completion Requirements
Registration
Representations and Warranties
Seller Obligations
Purchaser Obligations
Property Handover
Development Specifications
Force Majeure
Default
Termination
Remedies
Assignment
Confidentiality
Notices
Costs and Taxes
Entire Agreement
Severability
Amendments
Waiver
Further Assurance
Counterparts
Third Party Rights
Anti-Money Laundering
Governing Law
Dispute Resolution
Real Estate
Construction
Property Development
Banking & Finance
Legal Services
Property Management
Urban Planning
Architecture
Investment
Hospitality
Legal
Real Estate
Compliance
Finance
Business Development
Property Management
Investment
Operations
Risk Management
Corporate Affairs
Real Estate Director
Property Development Manager
Legal Counsel
Contract Manager
Real Estate Agent
Property Consultant
Investment Manager
Land Acquisition Manager
Compliance Officer
Real Estate Partner (Law Firm)
Property Valuation Specialist
Real Estate Transaction Manager
Business Development Director
Finance Manager
Project Manager
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