The Land Partnership Agreement is a crucial document used in the United Arab Emirates when two or more parties wish to enter into a partnership arrangement involving land ownership, development, or management. This agreement is particularly important in the UAE context due to specific legal requirements regarding property ownership, foreign investment restrictions, and local partnership requirements. It needs to comply with both federal laws and emirate-specific regulations, including the UAE Civil Code and relevant property laws. The document typically includes detailed provisions for capital contributions, profit sharing, management rights, development obligations, and exit mechanisms. It's commonly used in real estate development projects, joint ventures, and investment partnerships, requiring careful consideration of UAE property registration requirements and Islamic finance principles where applicable.
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1. Parties: Identification of all partnership parties, including full legal names, addresses, and registration details
2. Background: Context of the partnership formation and property details
3. Definitions: Defined terms used throughout the agreement
4. Partnership Structure: Legal structure of the partnership, ownership percentages, and capital contributions
5. Property Details: Comprehensive description of the land, including legal title and registration details
6. Contributions and Financing: Details of initial and ongoing contributions, financing arrangements, and profit/loss sharing
7. Management and Control: Decision-making processes, management structure, and voting rights
8. Development and Use: Permitted use of land, development plans, and restrictions
9. Distribution of Profits and Losses: Mechanism for sharing profits and losses, distribution policy
10. Transfer Restrictions: Limitations on transfer of partnership interests and property
11. Term and Termination: Duration of partnership and circumstances for termination
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
13. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Development Timeline: Include when the partnership involves specific development milestones and deadlines
2. Islamic Finance Compliance: Required when using Islamic financing structures
3. Environmental Compliance: Include when the land has environmental considerations or requirements
4. Foreign Ownership Provisions: Required when any partner is a foreign entity
5. Exit Strategy: Include detailed exit provisions for complex partnerships
6. Property Management: Include when the partnership involves ongoing property management
7. Construction Provisions: Required when partnership includes construction responsibilities
1. Property Title Documents: Copies of title deeds and registration certificates
2. Partnership Structure Chart: Visual representation of ownership and control structure
3. Financial Model: Detailed financial projections and assumptions
4. Development Plans: Architectural plans, permits, and development approvals
5. Capital Contribution Schedule: Detailed breakdown of partner contributions and timing
6. Land Survey and Plans: Technical surveys, plot plans, and boundaries
7. Required Approvals: List of necessary governmental and regulatory approvals
8. Partner Information: Detailed information about each partner including KYC documents
Relevant legal definitions
Agreement
Applicable Law
Authority Approvals
Business Day
Capital Account
Capital Contribution
Commencement Date
Completion Date
Confidential Information
Default Event
Development Plan
Development Rights
Effective Date
Encumbrance
Environmental Laws
Exit Notice
Force Majeure Event
Initial Capital Contribution
Land
Land Department
Land Title
Local Partner
Management Committee
Master Plan
Material Adverse Change
NOC
Partner
Partnership
Partnership Interest
Partnership Property
Permitted Use
Project
Project Account
Project Manager
Property
Regulatory Requirements
Related Party
Relevant Authority
RERA
Reserved Matters
Shariah Compliance
Site
Termination Date
Transfer
UAE
Voting Rights
Applicable Law
Authority Approvals
Business Day
Capital Account
Capital Contribution
Commencement Date
Completion Date
Confidential Information
Default Event
Development Plan
Development Rights
Effective Date
Encumbrance
Environmental Laws
Exit Notice
Force Majeure Event
Initial Capital Contribution
Land
Land Department
Land Title
Local Partner
Management Committee
Master Plan
Material Adverse Change
NOC
Partner
Partnership
Partnership Interest
Partnership Property
Permitted Use
Project
Project Account
Project Manager
Property
Regulatory Requirements
Related Party
Relevant Authority
RERA
Reserved Matters
Shariah Compliance
Site
Termination Date
Transfer
UAE
Voting Rights
Clauses
Recitals
Interpretation
Partnership Formation
Term and Termination
Capital Contributions
Property Title
Ownership Structure
Management Rights
Decision Making
Development Rights
Land Use
Profit and Loss Sharing
Distribution Policy
Transfer Restrictions
Pre-emptive Rights
Tag Along Rights
Drag Along Rights
Exit Rights
Force Majeure
Default
Regulatory Compliance
Environmental Compliance
Islamic Finance Compliance
Representations and Warranties
Confidentiality
Non-Competition
Insurance
Indemnification
Dispute Resolution
Governing Law
Assignment
Notices
Severability
Entire Agreement
Amendment
Anti-Money Laundering
Foreign Ownership
Interpretation
Partnership Formation
Term and Termination
Capital Contributions
Property Title
Ownership Structure
Management Rights
Decision Making
Development Rights
Land Use
Profit and Loss Sharing
Distribution Policy
Transfer Restrictions
Pre-emptive Rights
Tag Along Rights
Drag Along Rights
Exit Rights
Force Majeure
Default
Regulatory Compliance
Environmental Compliance
Islamic Finance Compliance
Representations and Warranties
Confidentiality
Non-Competition
Insurance
Indemnification
Dispute Resolution
Governing Law
Assignment
Notices
Severability
Entire Agreement
Amendment
Anti-Money Laundering
Foreign Ownership
Relevant Industries
Real Estate
Construction
Property Development
Infrastructure
Hospitality
Retail
Industrial Development
Mixed-use Development
Commercial Real Estate
Tourism
Relevant Teams
Legal
Real Estate
Development
Investment
Operations
Compliance
Finance
Risk Management
Business Development
Project Management
Relevant Roles
Real Estate Director
Development Manager
Legal Counsel
Investment Manager
Property Manager
Chief Executive Officer
Chief Financial Officer
Project Director
Compliance Officer
Business Development Manager
Land Acquisition Manager
Partnership Manager
Risk Manager
Operations Director
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