Deed Of Assignment Of Tenancy Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Assignment Of Tenancy

"I need a Deed of Assignment of Tenancy for transferring my Dubai Marina retail shop lease to a new tenant, with specific provisions for the transfer of existing shop fittings and staff accommodation included in the original lease, effective March 1, 2025."

Document background
The Deed of Assignment of Tenancy is a crucial document used in the United Arab Emirates when an existing tenant wishes to transfer their lease agreement to a new tenant before the original lease term expires. This document is particularly important in both commercial and residential contexts across the UAE, where specific legal requirements must be met for such transfers to be valid. It encompasses all necessary provisions required under UAE federal law and emirate-specific regulations, including those from RERA (Real Estate Regulatory Agency) in Dubai. The deed must be carefully drafted to ensure it captures all essential elements: the original lease terms, specific conditions of the assignment, landlord's consent, and any special requirements for registration or notification to relevant authorities. This document type is commonly used in situations involving business relocations, residential moves, or commercial lease restructuring.
Suggested Sections

1. Parties: Identification of the Assignor (current tenant), Assignee (new tenant), and Landlord

2. Background: Details of the original lease agreement, property description, and context for the assignment

3. Definitions: Definitions of key terms used throughout the deed including Property, Lease, Assignment Date, etc.

4. Assignment: Core clause establishing the transfer of the lease from Assignor to Assignee

5. Consideration: Details of any payment made by the Assignee to the Assignor for the assignment

6. Landlord's Consent: Express confirmation of the Landlord's agreement to the assignment

7. Assignor's Covenants: Warranties and obligations of the outgoing tenant

8. Assignee's Covenants: New tenant's undertakings to comply with lease terms and obligations

9. Security Deposit: Arrangements for transfer or replacement of the security deposit

10. Completion: Requirements and procedures for completing the assignment

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts' jurisdiction

Optional Sections

1. Condition of Premises: Used when there needs to be a specific agreement about the state of the property at assignment

2. Outstanding Payments: Include when there are any pending rent, utility bills, or other payments to be addressed

3. Maintenance Obligations: Used when specific maintenance issues need to be addressed between parties

4. Break Clause: Include if there's a need to specify any early termination rights post-assignment

5. Registration Requirements: Include when specific emirate registration requirements need to be detailed

6. Service Charge Arrangements: Used for properties in managed developments with service charge obligations

Suggested Schedules

1. Schedule 1 - The Property: Detailed description of the property including address and any parking spaces or facilities

2. Schedule 2 - The Original Lease: Copy or key terms of the original lease agreement

3. Schedule 3 - Rent and Payment Schedule: Details of rent amounts, payment dates, and any review dates

4. Schedule 4 - Inventory: List of any furniture, fixtures, or fittings included in the tenancy

5. Appendix A - Property Photos: Photographic evidence of property condition at time of assignment

6. Appendix B - Landlord's Consent Letter: Formal written consent from the landlord

7. Appendix C - Required Certificates: Copies of any required certificates or permits

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Hospitality

Industrial

Office Space

Mixed-Use Development

Shopping Centers

Warehousing

Educational Facilities

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Compliance

Operations

Asset Management

Tenant Relations

Corporate Services

Administrative Services

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Legal Counsel

Facilities Manager

Asset Manager

Compliance Officer

Tenant Relations Manager

Real Estate Director

Commercial Lease Administrator

Property Operations Manager

Real Estate Transaction Manager

Corporate Real Estate Manager

Housing Affairs Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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