The Post Closing Occupancy Agreement is essential in UAE real estate transactions where sellers require temporary residence in the property after the sale closes. This situation commonly arises when sellers need additional time to relocate, are waiting for their new property to be ready, or have other legitimate reasons for delayed vacancy. The agreement, compliant with UAE federal laws and emirate-specific regulations, details occupancy duration, fees, maintenance responsibilities, insurance requirements, and move-out conditions. It protects both buyers' and sellers' interests by clearly defining rights and obligations during the temporary occupancy period, while ensuring compliance with local property laws and registration requirements. This document is particularly relevant in Dubai and Abu Dhabi's dynamic real estate markets, where complex property transactions often necessitate flexible occupancy arrangements.

1. Parties: Identification of the Buyer (new owner) and Seller (occupant), including full legal names and details

2. Background: Context of the agreement, referring to the main sale agreement and reason for post-closing occupancy

3. Definitions: Key terms used throughout the agreement including Property, Occupancy Period, Occupancy Fee, etc.

4. Grant of License: Terms of the temporary occupancy right granted to the Seller

5. Term and Occupancy Period: Specific start and end dates of the occupancy period

6. Occupancy Fee and Security Deposit: Financial terms including daily/monthly rate, payment schedule, and deposit details

7. Utilities and Maintenance: Responsibility for utilities, maintenance, and repairs during occupancy

8. Insurance and Liability: Insurance requirements and allocation of risk during the occupancy period

9. Seller's Obligations: Specific responsibilities of the Seller during occupancy including property care and access

10. Buyer's Rights: Rights retained by the Buyer during the occupancy period

11. Property Condition: Requirements for maintaining the property condition and final inspection

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

13. Termination: Grounds for early termination and process

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