Real Estate Addendum Form for United Arab Emirates

Real Estate Addendum Form Template for United Arab Emirates

A Real Estate Addendum Form under UAE law is a formal legal document used to modify, amend, or supplement an existing real estate agreement. This document must comply with UAE federal laws and specific emirate-level regulations, particularly those established by the Real Estate Regulatory Agency (RERA) in Dubai. It serves to document changes to original property agreements, such as modifications to purchase terms, property specifications, completion dates, or payment schedules, while ensuring all amendments are legally binding and properly registered with relevant authorities.

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What is a Real Estate Addendum Form?

The Real Estate Addendum Form is a crucial document in UAE property transactions, used when parties need to modify terms of an existing real estate agreement without creating an entirely new contract. This document type is particularly important in the UAE's dynamic real estate market, where changes to property deals are common and must be properly documented. The form must comply with UAE Civil Code requirements and RERA regulations, especially in Dubai's property market. Typically used for modifying purchase prices, payment terms, property specifications, completion dates, or adding new terms to existing agreements, the Real Estate Addendum Form ensures all changes are legally binding and properly registered with relevant authorities. It's essential for maintaining clear records of agreement modifications and protecting all parties' interests in property transactions.

What sections should be included in a Real Estate Addendum Form?

1. Parties: Identification of all parties to the original agreement and any new parties being added through the addendum

2. Background: Reference to the original agreement, including its date and purpose, and the reason for this addendum

3. Definitions: Key terms used in the addendum, including any new terms not defined in the original agreement

4. Reference to Original Agreement: Specific clause confirming which original agreement this addendum modifies

5. Modifications: Clear statement of the specific changes being made to the original agreement

6. Confirmation of Other Terms: Statement that all other terms and conditions of the original agreement remain in full force and effect

7. Governing Law: Confirmation that UAE law governs the addendum

8. Execution: Signature blocks for all parties, with UAE-compliant execution requirements

What sections are optional to include in a Real Estate Addendum Form?

1. Additional Property Details: Used when the addendum involves changes to property specifications or details

2. Price Adjustment: Used when the addendum involves changes to the original price or payment terms

3. Completion Date Modification: Used when changing the completion or handover date

4. New Terms and Conditions: Used when adding completely new provisions not covered in the original agreement

5. Broker Details: Used when there are changes to broker arrangements or commissions

6. RERA Compliance Statement: Used when the modification requires specific RERA approval or registration

7. Property Management Terms: Used when adding or modifying property management arrangements

What schedules should be included in a Real Estate Addendum Form?

1. Schedule 1 - Modified Property Details: Detailed description of any changes to the property specifications

2. Schedule 2 - Revised Payment Schedule: Updated payment terms and schedules if applicable

3. Schedule 3 - Additional Documents: List of new or modified documents required for the transaction

4. Appendix A - Property Plans: Updated floor plans or property layouts if changes are made

5. Appendix B - RERA Approvals: Copies of any required RERA approvals for the modifications

6. Appendix C - Supporting Documentation: Any additional supporting documents referenced in the addendum

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

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions
Relevant Industries

Real Estate

Construction

Property Development

Commercial Property

Residential Property

Retail Property

Industrial Property

Hospitality

Mixed-Use Development

Property Management

Banking and Finance

Relevant Teams

Legal

Real Estate

Compliance

Sales

Property Management

Contract Administration

Business Development

Asset Management

Project Management

Operations

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Real Estate Broker

Property Manager

Compliance Officer

Contract Administrator

Real Estate Director

Sales Manager

Transaction Manager

Development Manager

Asset Manager

Leasing Manager

Real Estate Analyst

Project Manager

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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