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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."
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
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
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
Assignee
Landlord
Property
Original Lease
Assignment
Assignment Date
Completion Date
Effective Date
Lease Term
Rent
Security Deposit
Permitted Use
Service Charges
Common Areas
Relevant Authority
RERA
Tenancy Contract
Consideration
Building
Occupation Date
Outstanding Payments
Utilities
Maintenance Charges
Registration Fee
Governing Law
Business Day
Notice
Parties
Premises
Handover Date
Landlord's Consent
Payment Terms
Security Deposit
Transfer of Rights
Transfer of Obligations
Property Condition
Warranties and Representations
Registration
Completion
Handover
Utilities Transfer
Maintenance
Default
Indemnification
Notices
Force Majeure
Governing Law
Jurisdiction
Severability
Entire Agreement
Amendment
Costs and Expenses
Successors and Assigns
Compliance with Laws
Further Assurance
Good Faith
Counterparts
Time of Essence
Waiver
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Industrial
Office Space
Mixed-Use Development
Shopping Centers
Warehousing
Educational Facilities
Legal
Real Estate
Property Management
Facilities Management
Compliance
Operations
Asset Management
Tenant Relations
Corporate Services
Administrative Services
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
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