Lease Addendum Change Of Ownership Template for the United Arab Emirates

A Lease Addendum Change Of Ownership is an essential legal document you need when rental property changes hands during an active lease period in the United Arab Emirates. This addendum protects your rights as a tenant while formally documenting the transfer of landlord responsibilities from the original owner to the new property owner.

When do you need this document?

You require this addendum whenever your rental property is sold, inherited, or transferred to a new owner while your lease agreement remains active. Common scenarios include property sales between investors, inheritance transfers following an owner's death, corporate restructuring where property ownership moves between related companies, or foreclosure situations where banks assume ownership. The document ensures your existing lease terms remain valid and enforceable under the new ownership, preventing potential disputes about rent amounts, lease duration, or tenant rights.

Key legal considerations

Several critical elements must be addressed in your addendum to ensure legal validity. The document must clearly identify all parties including the original landlord, new landlord, and you as the tenant. It should reference your original lease agreement and specify the exact date when ownership transfer becomes effective. Security deposit arrangements require particular attention—the addendum must clarify whether deposits transfer to the new owner or require return and re-deposit. Payment instructions need updating to reflect new bank account details or collection methods. The addendum should explicitly state that all original lease terms remain unchanged except for landlord identity and contact information. Additionally, it must address notice procedures for future communications and specify which party handles ongoing maintenance obligations.

Legal requirements in United Arab Emirates

Under UAE Civil Code Federal Law No. 5 of 1985, property ownership transfers during active leases must be properly documented to maintain legal enforceability. Dubai properties must comply with Dubai Law No. 26 of 2007 (Landlord and Tenant Law), which requires written notification to tenants and proper registration with Dubai Land Department. Abu Dhabi properties fall under Abu Dhabi Law No. 20 of 2006, mandating similar documentation and registration procedures with Abu Dhabi Municipality. The addendum must be signed by all parties and witnessed according to emirate-specific requirements. Some jurisdictions require notarization or registration with local real estate authorities. Property management companies, if involved, must also sign to acknowledge the ownership change. You should ensure the new landlord provides proof of ownership transfer, such as title deed copies or court orders, before signing the addendum.