Affidavit Of Confirmation Of Sale Template for the United Arab Emirates

An Affidavit of Confirmation of Sale is a sworn legal statement that provides formal verification of a completed sale transaction in the United Arab Emirates. You use this document to create an official record when you need to confirm that a sale has been finalized, payment has been received, and ownership has been transferred. The document serves as legally binding evidence under UAE law and must be properly notarized to be valid in court proceedings or regulatory matters.

When do you need this document?

You need an Affidavit of Confirmation of Sale when regulatory authorities require proof of a completed transaction, such as when selling real estate or high-value assets. This document is essential when you're involved in commercial transactions that need official verification for tax purposes or business registration updates. You'll also use this affidavit when resolving disputes about whether a sale actually occurred, as it provides sworn testimony about the transaction details. Additionally, you may need this document when transferring assets within corporate structures or when third parties require confirmation of ownership changes.

Key legal considerations

Your affidavit must include specific transaction details such as the exact sale date, purchase price, description of goods or property sold, and identification of all parties involved. You must ensure that the person making the sworn statement has direct knowledge of the sale and legal capacity to make such declarations. The document should clearly state that payment has been received and that ownership has been properly transferred according to the original sale agreement. You must also include any relevant supporting documentation references, such as purchase agreements or receipts, to strengthen the affidavit's credibility and legal standing.

Legal requirements in United Arab Emirates

Under the UAE Civil Code (Federal Law No. 5 of 1985), your affidavit must be made voluntarily and contain truthful statements, as false declarations can result in criminal penalties. You must have the document notarized by an authorized notary public in accordance with Federal Law No. 4 of 2013 Concerning Notary Public, which requires proper identification and witness procedures. The UAE Commercial Transactions Law (Federal Law No. 18 of 1993) applies to commercial sales and may require additional compliance measures for business transactions. Your affidavit must comply with the UAE Law of Evidence (Federal Law No. 10 of 1992), ensuring it meets the standards for admissible written evidence in UAE courts.