The Appraisal Contingency Addendum is essential in Qatar's real estate transactions where property valuation plays a crucial role in the purchase process. This document is typically used when a property purchase is contingent on the property appraising at or above the agreed purchase price, particularly common in transactions involving mortgage financing. The addendum protects both buyers and sellers by clearly outlining procedures and rights if the appraisal value differs from the purchase price. Under Qatar's civil law system, this document must align with the Civil Code and real estate regulations while providing clear mechanisms for resolution of appraisal-related issues. The document is particularly important given Qatar's dynamic real estate market and the need for transparent valuation processes in property transactions.

1. Parties: Identification of all parties to the addendum, including buyer, seller, and reference to any agents involved

2. Background: Reference to the main purchase agreement, property details, and purpose of this addendum

3. Definitions: Key terms used in the addendum including 'Appraisal', 'Purchase Price', 'Appraised Value', and other relevant terms

4. Appraisal Requirement: Establishes the requirement for an appraisal and who will conduct it

5. Timeframe: Specifies the deadline for obtaining the appraisal and delivering results

6. Appraisal Contingency Terms: Details of what happens if the property appraises at, above, or below the purchase price

7. Rights and Obligations: Specific rights of buyer and seller regarding the appraisal process and results

8. Notice Requirements: How and when parties must communicate regarding appraisal results and decisions

9. Termination Rights: Conditions under which either party may terminate based on appraisal results