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1. Parties: Identification and details of the Seller and Buyer, including full legal names, addresses, and registration details if companies
2. Background: Context of the transaction, brief description of the property, and intention to sell/purchase through installments
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Sale and Purchase: Core agreement to sell and purchase the property, including precise property details and consideration
5. Purchase Price and Payment Terms: Total purchase price, installment schedule, payment methods, and consequences of default
6. Property Details and Condition: Detailed description of the property, its current condition, and any included/excluded items
7. Title and Registration: Seller's warranty of title, registration requirements, and process for title transfer
8. Completion and Handover: Conditions for completion, handover process, and documentation requirements
9. Seller's Obligations: Comprehensive list of seller's commitments and responsibilities
10. Buyer's Obligations: Comprehensive list of buyer's commitments and responsibilities
11. Default and Remedies: Consequences of default by either party and available remedies
12. Risk and Insurance: Allocation of risk and insurance requirements during the installment period
13. Representations and Warranties: Standard and specific warranties from both parties
14. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
15. Notices: Process and requirements for formal communications between parties
16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Property Management During Installment Period: Used when specific arrangements are needed for property management before final payment
2. Third-Party Rights: Include when there are existing tenants or other third-party interests in the property
3. Development Obligations: Required for properties under construction or requiring development
4. Mortgage and Financing: Include when buyer is obtaining mortgage financing for installments
5. Environmental Matters: Necessary for industrial or potentially contaminated properties
6. Property Service Charges: Include for properties in managed communities or buildings
7. Early Payment Provisions: Optional terms for early payment of installments and any applicable discounts
1. Schedule 1 - Property Description: Detailed technical description of the property including plot number, size, location coordinates
2. Schedule 2 - Payment Schedule: Detailed breakdown of installment amounts and due dates
3. Schedule 3 - Property Title Documents: Copies of title deed and other ownership documents
4. Schedule 4 - Property Plans: Floor plans, site plans, and other relevant drawings
5. Schedule 5 - Handover Specifications: Detailed list of conditions for property handover
6. Schedule 6 - Permitted Use: Specifications of allowed property usage under local regulations
7. Appendix A - Form of Transfer Deed: Template for the final transfer deed to be used upon completion
8. Appendix B - Required Registrations: List of necessary registrations and procedures with relevant authorities
Applicable Laws
Business Day
Buyer
Completion
Completion Date
Default Interest
Default Notice
Deposit
Down Payment
Encumbrance
Final Installment
Force Majeure
Governing Law
Handover
Handover Date
Installment
Installment Due Date
Land
Land Department
Legal Costs
Liability
Material Adverse Effect
Notices
Parties
Payment Schedule
Permitted Use
Property
Property Registration
Purchase Price
Registration Fee
Relevant Authority
Sales Documentation
Seller
Service Charges
Term
Title Deed
Transfer
Transfer Date
UAE
Utilities
Warranties
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Property Description
Title and Ownership
Registration Requirements
Warranties and Representations
Due Diligence
Conditions Precedent
Completion
Default and Remedies
Property Handover
Risk and Insurance
Force Majeure
Assignment
Termination
Dispute Resolution
Governing Law
Notices
Confidentiality
Costs and Taxes
Entire Agreement
Severability
Amendments
Third Party Rights
Counterparts
Further Assurance
Compliance with Laws
Real Estate
Construction
Property Development
Banking & Finance
Investment
Hospitality
Retail
Industrial
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Finance
Sales
Business Development
Property Management
Project Management
Risk Management
Operations
Real Estate Manager
Property Developer
Legal Counsel
Contracts Manager
Real Estate Agent
Property Manager
Investment Manager
Compliance Officer
Business Development Manager
Chief Financial Officer
Real Estate Director
Sales Manager
Land Registration Officer
Project Manager
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