The Real Estate Sales Agreement Form is a vital legal instrument used in Qatar for documenting and executing property sales transactions. This document is essential when transferring ownership of real estate property in Qatar, whether for residential, commercial, or investment purposes. It must comply with Qatar's Civil Code, real estate regulations, and specific laws governing property ownership, including Law No. 16 of 2018 for foreign ownership. The agreement covers crucial aspects such as property details, purchase price, payment terms, warranties, and transfer procedures, while incorporating specific requirements for property registration under Qatar's legal framework. It is designed to protect both sellers' and buyers' interests while ensuring compliance with local regulations and market practices.
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1. Parties: Identification of the seller and buyer, including their full legal names, addresses, and Qatar ID numbers or commercial registration details
2. Background: Context of the transaction and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including location, size, boundaries, and registration details as per Qatar's property registry
5. Purchase Price: The agreed purchase price and payment schedule, including deposit requirements
6. Payment Terms: Detailed payment structure, method of payment, and consequences of default
7. Conditions Precedent: Conditions that must be satisfied before completion of the sale
8. Seller's Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and compliance with laws
9. Buyer's Representations and Warranties: Buyer's declarations regarding capability to purchase and compliance with Qatar's ownership laws
10. Completion: Process and requirements for completing the sale, including registration procedures
11. Transfer of Ownership: Procedures for transferring title according to Qatar law
12. Taxes and Fees: Allocation of responsibility for registration fees, transfer fees, and other applicable charges
13. Default and Remedies: Consequences of breach and available remedies
14. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and jurisdiction of Qatar courts
1. Foreign Ownership Compliance: Required when buyer is non-Qatari, detailing compliance with Law No. 16 of 2018
2. Mortgage Arrangements: Include when property purchase involves mortgage financing
3. Property Management Handover: Required for properties in managed developments or compounds
4. Construction Completion: Include for off-plan properties or properties under construction
5. Tenant Rights: Required when property is sold with existing tenants
6. Furniture and Fixtures: Include when sale includes specific furniture or fixtures
7. Post-Completion Obligations: Include when there are specific post-sale requirements or conditions
8. Broker Provisions: Required when real estate brokers are involved in the transaction
1. Property Details Schedule: Detailed technical description of the property, including floor plans and boundaries
2. Title Documents: Copies of current title deed and property registration documents
3. Payment Schedule: Detailed breakdown of payment installments and due dates
4. Property Condition Report: Current condition of the property and any defects
5. Inventory List: List of included furniture and fixtures, if applicable
6. Property Certificates: Relevant certificates including building completion certificate and compliance certificates
7. Due Diligence Documents: Results of property searches and verification documents
8. Municipality Approvals: Copies of relevant municipal permits and approvals
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