The Contract To Sell Land is a crucial legal document used in the United Arab Emirates for transferring land ownership between parties. It is essential for any land transaction in the UAE and must comply with both federal laws and specific emirate regulations. This document is typically used when selling vacant land, development plots, or land with existing structures, and can be utilized for both commercial and residential purposes. The contract includes comprehensive details about the property, parties involved, payment terms, and completion requirements, while ensuring compliance with UAE Civil Code, real estate regulations, and foreign ownership restrictions. It serves as the primary agreement governing the rights and obligations of both seller and buyer throughout the transaction process, from initial agreement through to registration with the relevant land department.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identification of seller and buyer with full legal names, addresses, and documentation
2. Background: Context of the transaction and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the land including plot number, area, dimensions, and location
5. Purchase Price: Agreed purchase price and currency
6. Payment Terms: Structure and timeline of payments, including deposit and completion payment details
7. Completion: Requirements and process for completion of the sale
8. Seller's Warranties: Warranties regarding ownership, authority to sell, and property condition
9. Due Diligence: Buyer's right to conduct property investigations and related procedures
10. Title and Registration: Process for transfer of title and registration requirements
11. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes
12. Default and Termination: Consequences of default and circumstances allowing termination
13. Notices: Process and requirements for formal communications between parties
14. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts
1. Conditions Precedent: Specific conditions that must be met before completion, used when there are prerequisite requirements
2. Mortgage Details: Required if the property has an existing mortgage or if buyer requires mortgage financing
3. Property Management: Needed if the property is part of a managed development with service charges
4. Tenant Rights: Required if the property is currently leased to tenants
5. Development Obligations: Necessary if the land is subject to development requirements or restrictions
6. Environmental Matters: Required if there are environmental considerations or requirements
7. Force Majeure: Optional clause dealing with unforeseen circumstances preventing completion
8. Broker Provisions: Required if real estate brokers are involved in the transaction
1. Property Plan: Detailed plan showing the land boundaries and dimensions
2. Title Documents: Copies of current title deed and other ownership documents
3. Payment Schedule: Detailed breakdown of payment installments and dates
4. Property Certificates: Relevant certificates including zoning and planning permissions
5. Due Diligence Documents: List of documents provided for buyer's due diligence
6. Form of Transfer: Template for the transfer document required by the land department
7. Encumbrances Schedule: Details of any existing encumbrances, easements, or restrictions
8. Development Requirements: Any specific development conditions or requirements attached to the land
Authors
Find the document you need
No items found.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
