Home Contract for United Arab Emirates

Home Contract Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that facilitates the sale and purchase of residential property in the United Arab Emirates. This document incorporates requirements from UAE Federal Law, specific emirate-level property regulations, and relevant civil code provisions. It details the terms of property transfer, including purchase price, payment terms, completion requirements, and obligations of both parties, while ensuring compliance with local property registration requirements and ownership transfer procedures. The contract addresses both freehold and leasehold properties where applicable, and includes provisions for property handover, warranties, and dispute resolution under UAE jurisdiction.

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What is a Home Contract?

The Home Contract serves as the primary legal instrument for residential property transactions in the United Arab Emirates. This document is essential for both local and international buyers purchasing residential property in the UAE, whether it's an apartment, villa, or townhouse. The contract must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws, such as Dubai Law No. 7 of 2006 for Dubai properties. It is designed to protect both buyer and seller interests by clearly defining the terms of sale, payment conditions, property specifications, and completion requirements. The Home Contract includes provisions for property registration with relevant authorities, title transfer procedures, and where applicable, mortgage arrangements. It's particularly important in the UAE context due to the unique property ownership rules for different areas and buyer nationalities.

What sections should be included in a Home Contract?

1. Parties: Details of the seller/owner and buyer, including full legal names, Emirates ID numbers, and contact information

2. Background: Brief context of the transaction and property overview

3. Definitions: Definitions of key terms used throughout the contract

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

5. Purchase Price: The agreed purchase price and payment structure

6. Payment Terms: Detailed payment schedule, method of payment, and any conditions attached to payments

7. Completion: The process and requirements for completing the transaction

8. Seller's Obligations: All obligations of the seller including property transfer, documentation, and warranties

9. Buyer's Obligations: All obligations of the buyer including payments, due diligence, and compliance requirements

10. Property Handover: Terms and process for the physical handover of the property

11. Title and Ownership: Confirmation of title transfer and ownership rights

12. Representations and Warranties: Standard warranties about the property's condition and legal status

13. Default and Remedies: Consequences of breach and available remedies

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

15. Notices: How formal communications between parties should be made

16. Entire Agreement: Standard clause confirming this is the complete agreement between parties

What sections are optional to include in a Home Contract?

1. Mortgage Provisions: Include when the purchase involves mortgage financing

2. Property Management: Include when the property is part of a managed community

3. Condition Precedents: Include when there are specific conditions that must be met before completion

4. Escrow Arrangements: Include when using an escrow account for the transaction

5. Developer Obligations: Include for off-plan properties or newly completed properties

6. Tenant Rights: Include when the property is being sold with existing tenants

7. Foreign Ownership: Include when the buyer is a non-UAE national

8. Service Charges: Include for properties in managed communities with service fees

9. Defect Liability: Include for new properties under warranty from developer

What schedules should be included in a Home Contract?

1. Property Details Schedule: Detailed description of the property including floor plans and specifications

2. Payment Schedule: Detailed breakdown of payment installments and due dates

3. Title Documents: Copies of ownership documents and title deed

4. Property Condition Report: Detailed report on the current condition of the property

5. Inventory List: List of fixtures, fittings, and any included furnishings

6. Service Charge Statement: Details of current and projected service charges

7. Building Rules and Regulations: Community or building specific rules and regulations

8. Required Registrations: List of necessary registrations and approvals

9. Due Diligence Documents: Copies of all relevant property documentation and certificates

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

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Development

Banking & Finance

Legal Services

Property Management

Construction

Insurance

Facilities Management

Property Investment

Residential Services

Relevant Teams

Legal

Real Estate

Compliance

Sales

Property Management

Operations

Documentation

Due Diligence

Contract Administration

Risk Management

Relevant Roles

Real Estate Agent

Property Lawyer

Conveyancing Manager

Property Manager

Real Estate Director

Legal Counsel

Compliance Officer

Real Estate Transaction Manager

Property Developer

Sales Manager

Mortgage Advisor

Property Investment Consultant

Real Estate Operations Manager

Contract Administrator

Due Diligence Specialist

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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