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1. Parties: Identification of the seller, purchaser, and any other relevant parties including full legal names, addresses, and registration details
2. Background: Context of the transaction, including brief property description and intention for assignment rights
3. Definitions: Key terms used throughout the agreement, including property-specific and assignment-related terminology
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details
5. Purchase Price: Amount, payment schedule, deposit requirements, and payment mechanisms
6. Assignment Rights: Terms and conditions for assigning the contract, including notice requirements and restrictions
7. Completion: Completion date, process, and requirements for transfer of ownership
8. Seller's Obligations: Responsibilities of the seller including warranties, documentation, and handover requirements
9. Purchaser's Obligations: Responsibilities of the purchaser including payment, due diligence, and compliance requirements
10. Title and Registration: Provisions regarding title transfer, registration process, and related costs
11. Representations and Warranties: Standard and specific warranties from both parties regarding the property and transaction
12. Default and Termination: Consequences of breach, termination rights, and remedies
13. Notices: Communication requirements and methods between parties
14. Governing Law and Jurisdiction: UAE law application and dispute resolution mechanisms
1. Conditions Precedent: Specific conditions that must be met before completion, used when there are pre-completion requirements
2. Mortgage Provisions: Terms relating to existing or new mortgages, used when property is or will be mortgaged
3. Property Management: Interim management arrangements, used for income-generating properties
4. Tenant Provisions: Terms relating to existing tenancies, used when property is sold with sitting tenants
5. Development Obligations: Construction or development requirements, used for off-plan properties
6. Service Charge Provisions: Terms relating to service charges and management fees, used for apartments or managed communities
7. Assignment Fees: Specific fees and costs related to future assignments, used when assignment fees are to be imposed
8. Islamic Finance Provisions: Specific provisions for Sharia compliance, used when Islamic financing is involved
1. Property Schedule: Detailed property specifications, plans, and boundaries
2. Title Documents: Copies of title deed and other ownership documents
3. Payment Schedule: Detailed breakdown of payment installments and timing
4. Property Condition Report: Current condition of property and any defects
5. Existing Tenancies: Details of any existing lease agreements
6. Service Contracts: List of ongoing service contracts affecting the property
7. Assignment Requirements: Detailed procedures and requirements for future assignments
8. Property Plans: Architectural plans, floor plans, and location maps
9. Completion Requirements: Checklist of documents and actions required for completion
Assignment
Assignment Date
Assignment Notice
Assignee
Assignor
Applicable Laws
Business Day
Completion
Completion Date
Deposit
Developer
Encumbrance
Escrow Account
Escrow Agent
Force Majeure
Governing Law
Land Department
Long Stop Date
Material Adverse Effect
Mortgage
Notice
Off-Plan
Parties
Payment Schedule
Permitted Assignee
Property
Property Registration Fee
Purchase Price
RERA
Seller's Warranties
Service Charge
Sharia Compliant
Termination Event
Title Deed
Transaction Documents
Transfer Fee
UAE
Unit
Utilities
Sale and Purchase
Assignment Rights
Purchase Price
Payment Terms
Deposit
Title and Registration
Property Handover
Representations and Warranties
Due Diligence
Conditions Precedent
Completion Obligations
Post-Completion Obligations
Default
Termination
Force Majeure
Notice Requirements
Confidentiality
Anti-Money Laundering
Property Registration
Service Charges
Escrow Arrangements
Property Maintenance
Insurance
Taxes and Fees
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Third Party Rights
Costs
Further Assurance
Counterparts
Compliance with Laws
Real Estate
Construction
Property Development
Legal Services
Banking and Finance
Property Management
Investment and Asset Management
Real Estate Investment Trusts (REITs)
Hospitality
Retail
Legal
Real Estate
Compliance
Property Management
Investment
Operations
Contract Administration
Business Development
Asset Management
Risk Management
Finance
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Investment Manager
Property Developer
Compliance Officer
Contract Manager
Real Estate Investment Analyst
Asset Manager
Transaction Manager
Development Director
Real Estate Portfolio Manager
Property Acquisition Manager
Legal Director
Real Estate Operations Manager
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