Deed Of Sale Of Land Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Sale Of Land Form

"I need a Deed of Sale of Land Form for transferring ownership of a commercial plot in Dubai Marina from my company to a foreign corporate buyer, with completion scheduled for March 2025 and including specific provisions for existing tenant arrangements."

Document background
The Deed of Sale of Land Form is a crucial legal instrument used in the United Arab Emirates for documenting and executing the transfer of land ownership. This document is essential when any party wishes to sell or purchase land within the UAE's jurisdiction and must comply with both federal laws and specific emirate regulations. The deed includes mandatory elements required by the UAE Land Department such as detailed property information, party details, consideration, and transfer terms. It serves multiple purposes including evidencing ownership transfer, facilitating property registration, and ensuring compliance with local real estate regulations. The document is particularly important in the UAE context where property transactions must adhere to specific documentation requirements and registration procedures. Whether used for commercial, residential, or industrial property transfers, the Deed of Sale of Land Form must be executed in both Arabic and English and requires registration with the relevant Land Department to be legally effective.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, passport details, and addresses as required by UAE Land Department

2. Background: Brief recitals stating the Seller's ownership, intention to sell, and Buyer's intention to purchase

3. Definitions: Key terms used in the deed including Property, Purchase Price, Completion Date, and other relevant defined terms

4. Property Details: Comprehensive description of the property including plot number, municipality number, area, emirate location, and boundary details as per title deed

5. Consideration: Purchase price, payment terms, and method of payment in compliance with UAE regulations

6. Property Transfer: Terms of transferring ownership and registration with relevant land department

7. Seller's Representations and Warranties: Declarations regarding property ownership, absence of encumbrances, and compliance with UAE property laws

8. Buyer's Representations and Warranties: Declarations regarding capacity to purchase and compliance with UAE property ownership laws

9. Completion Requirements: Steps for completion, including registration procedures and required documentation

10. Costs and Fees: Allocation of registration fees, transfer fees, and other associated costs

11. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant emirate's courts' jurisdiction

Optional Sections

1. Condition of Property: Detailed description of property condition, to be included for existing properties but not typically needed for off-plan sales

2. Tenancy Details: Include if property is currently tenanted, describing existing tenancy terms and handover arrangements

3. Mortgage Details: Include if property is currently mortgaged or if buyer is obtaining mortgage financing

4. Service Charge Provisions: Include for properties in managed communities or buildings with service charges

5. Foreign Ownership Compliance: Include specific provisions if buyer is a foreign national, addressing relevant ownership restrictions

6. Power of Attorney: Include if either party is acting through an authorized representative

7. Defect Liability: Include for new properties to specify warranty periods and responsibilities

Suggested Schedules

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

2. Title Deed Copy: Copy of existing title deed showing current ownership

3. Payment Schedule: Detailed breakdown of payment installments and dates if payment is not made in full

4. Property Completion Checklist: List of documents and actions required for completion

5. Property Handover Protocol: Procedure and checklist for physical handover of property

6. Due Diligence Documents: Copies of necessary certificates, permits, and compliance documents

7. Site Plan: Official site plan from relevant municipality showing property location and boundaries

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 legal definitions
Clauses
Relevant Industries

Real Estate

Construction

Property Development

Banking & Finance

Legal Services

Investment & Asset Management

Hospitality

Retail

Industrial & Manufacturing

Government & Public Sector

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Investment

Operations

Risk Management

Finance

Business Development

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Director

Property Development Manager

Investment Manager

Land Registration Officer

Real Estate Broker

Property Consultant

Corporate Lawyer

Real Estate Partner

Transaction Manager

Asset Manager

Chief Legal Officer

Property Portfolio Manager

Real Estate Finance Manager

Industries
UAE Civil Code (Federal Law No. 5 of 1985): Establishes fundamental principles for contracts and property transactions, including requirements for valid sales contracts and transfer of ownership
UAE Civil Transactions Law: Governs the general principles of contracts and obligations in property transactions, including specific provisions for real estate sales
Law No. 13 of 2008 (Dubai): Regulates the Interim Real Estate Register in Dubai, covering initial property registration and off-plan sales
Law No. 7 of 2006 (Dubai): Concerning Real Property Registration in the Emirate of Dubai, outlining registration procedures and requirements
Law No. 3 of 2015 (Dubai): Regulates the real estate sector in Dubai, including requirements for property transfers and broker regulations
Federal Decree-Law No. 33 of 2021: UAE's Commercial Transactions Law, relevant for commercial property transactions and related payment terms
Law No. 19 of 2017 (Abu Dhabi): Regulates real estate registration in Abu Dhabi, including requirements for deed registration and transfer
UAE Federal Law No. 4 of 2012: Regulation of competition, relevant for commercial property transactions and market regulations
Law No. 27 of 2007 (Dubai): Concerning Ownership of Jointly Owned Properties in Dubai, important for property boundaries and common areas
UAE Anti-Money Laundering Law (Federal Decree Law No. 20 of 2018): Establishes requirements for verifying source of funds and conducting due diligence in real estate transactions
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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