Confirmatory Deed Of Assignment Template for United Arab Emirates

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Key Requirements PROMPT example:

Confirmatory Deed Of Assignment

"I need a Confirmatory Deed of Assignment under UAE law to formally document the transfer of commercial property rights that occurred on January 15, 2025, from our Dubai subsidiary to our parent company, including confirmation of all related lease agreements and property management contracts."

Document background
The Confirmatory Deed Of Assignment is utilized in the United Arab Emirates when parties need to formally document and confirm a pre-existing assignment of rights, property, or obligations. This document is particularly relevant in situations where the original assignment may have been informal, inadequately documented, or where additional certainty is required for legal or commercial purposes. The deed must comply with UAE Civil Code requirements and may need to be notarized or registered with relevant authorities depending on the nature of the assigned rights. It serves as conclusive evidence of the assignment and typically includes comprehensive details about the original transaction, the parties involved, and any specific conditions or requirements that were part of the assignment. This document is especially important in the UAE's legal framework, where formal documentation plays a crucial role in establishing and protecting legal rights.
Suggested Sections

1. Parties: Identification of the Assignor, Assignee, and any other relevant parties to the deed

2. Background: Recitals explaining the context of the original assignment and the need for this confirmatory deed

3. Definitions: Definitions of key terms used throughout the deed

4. Confirmation of Assignment: Clear statement confirming the previous assignment and its effective date

5. Details of Original Assignment: Specific details of what was assigned under the original assignment

6. Representations and Warranties: Confirmations regarding the validity of the original assignment and authority to enter into this deed

7. Further Assurance: Obligation to execute further documents if needed to perfect the assignment

8. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

9. Execution: Formal execution block meeting UAE legal requirements

Optional Sections

1. Consideration: Required if there is any new consideration for the confirmatory deed

2. Third Party Consent: Include if any third party consents were required for the original assignment

3. Registration Requirements: Include if the assigned rights/property require registration with authorities

4. Tax Provisions: Include if there are tax implications that need to be addressed

5. Costs: Include if there are specific provisions about who bears the costs of the confirmatory deed

6. Notices: Include if ongoing notices may be required between the parties

Suggested Schedules

1. Schedule 1 - The Original Assignment: Copy or details of the original assignment being confirmed

2. Schedule 2 - The Assigned Rights/Property: Detailed description of the rights, property or obligations that were assigned

3. Schedule 3 - Relevant Correspondence: Any relevant correspondence or documents evidencing the original assignment

4. Schedule 4 - Required Consents: Copies of any third party or regulatory consents obtained

5. Schedule 5 - Registration Details: Details of any registrations made or required in relation to the assignment

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

Relevant Industries

Real Estate

Financial Services

Banking

Insurance

Intellectual Property

Manufacturing

Technology

Energy

Construction

Healthcare

Telecommunications

Professional Services

Maritime

Aviation

Education

Relevant Teams

Legal

Compliance

Corporate Secretariat

Contract Management

Property Management

Asset Management

Risk Management

Operations

Finance

Commercial

Business Development

Company Secretarial

Project Management

Relevant Roles

Legal Counsel

Contract Manager

Corporate Secretary

Chief Legal Officer

Compliance Officer

Property Manager

Asset Manager

Business Development Manager

Commercial Director

Chief Financial Officer

Risk Manager

Company Director

Operations Manager

Portfolio Manager

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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