Deed Of Sale And Deed Of Absolute Sale for United Arab Emirates

Deed Of Sale And Deed Of Absolute Sale Template for United Arab Emirates

A Deed of Sale and Deed of Absolute Sale is a formal legal document used in the United Arab Emirates to transfer ownership rights of real property from a seller to a buyer. This document, governed by UAE federal laws and local emirate regulations, serves as conclusive evidence of the transfer of property ownership. It contains detailed information about the property, parties involved, consideration paid, and specific terms and conditions of the sale. The document must comply with UAE Civil Code requirements and local land department regulations, including proper notarization and registration procedures specific to the relevant emirate.

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What is a Deed Of Sale And Deed Of Absolute Sale?

The Deed of Sale and Deed of Absolute Sale is a crucial legal instrument in UAE property transactions, essential for both residential and commercial property transfers. This document is used when there needs to be a complete and absolute transfer of property ownership from one party to another in the UAE. It must comply with the UAE Civil Code (Federal Law No. 5 of 1985) and relevant emirate-specific property laws. The deed includes comprehensive details about the property, parties involved, purchase price, payment terms, and conditions of sale. It requires proper execution before the relevant Land Department and must be notarized according to UAE legal requirements. The document's format and content are specifically designed to meet UAE legal standards and protect both parties' interests in the transaction.

What sections should be included in a Deed Of Sale And Deed Of Absolute Sale?

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and UAE identification details

2. Background: Context of the sale, including brief property history and current ownership status

3. Definitions: Key terms used throughout the deed, including Property, Purchase Price, Completion Date, etc.

4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details

5. Consideration: Purchase price, payment terms, and method of payment

6. Seller's Representations and Warranties: Seller's declarations regarding property ownership, absence of encumbrances, and authority to sell

7. Transfer of Title: Terms and process of transferring property ownership from seller to buyer

8. Completion Requirements: Steps required to complete the sale, including registration procedures and documentation

9. Possession: Terms and timing of property possession transfer

10. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction

12. Execution: Formal execution clause and signature requirements

What sections are optional to include in a Deed Of Sale And Deed Of Absolute Sale?

1. Mortgage Details: Include when property has existing mortgage or buyer requires mortgage financing

2. Property Management: Include for properties within managed communities or with specific maintenance requirements

3. Tenancy Provisions: Include if property is currently tenanted or has existing lease agreements

4. Condition of Property: Include detailed condition assessment when selling property as-is or with known defects

5. Development Obligations: Include for off-plan properties or properties with pending development requirements

6. Service Charges: Include for properties in developments with ongoing service charges or maintenance fees

7. Power of Attorney: Include when any party is acting through an authorized representative

What schedules should be included in a Deed Of Sale And Deed Of Absolute Sale?

1. Property Description Schedule: Detailed technical description of property, including floor plans and boundaries

2. Title Documents: Copies of existing title deed and other ownership documents

3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Property Inventory: List of fixtures, fittings, and items included in the sale

5. Due Diligence Documents: Relevant certificates, permits, and compliance documents

6. Land Department Forms: Required UAE Land Department forms and certificates

7. Property Photos: Recent photographs of the property documenting its current condition

8. Maintenance Records: History of property maintenance and improvements

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

Publisher

Genie AI

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Clauses
Relevant Industries

Real Estate

Property Development

Construction

Banking and Finance

Legal Services

Property Management

Investment

Commercial Property

Residential Property

Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Sales

Operations

Document Processing

Transaction Processing

Contract Administration

Risk Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Real Estate Investment Manager

Contract Manager

Transaction Manager

Title Officer

Real Estate Operations Director

Property Sales Manager

Legal Document Specialist

Real Estate Portfolio 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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