Deed Of Purchase Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Purchase

"I need a Deed of Purchase for a luxury residential apartment in Dubai Marina, UAE, with completion scheduled for March 2025, including provisions for existing tenant rights and service charge arrangements."

Document background
A Deed of Purchase is a crucial legal document used in the United Arab Emirates for property transactions, serving as definitive evidence of property transfer and ownership. This document is essential when any real estate property is being sold and purchased in the UAE, whether residential, commercial, or industrial. The deed must strictly comply with UAE federal laws and specific emirate regulations, particularly regarding property registration and foreign ownership restrictions. It contains detailed information about the property, parties involved, purchase price, payment terms, and warranties, while ensuring all necessary legal requirements for property transfer in the UAE are met. The document typically requires registration with the relevant Land Department and must be properly executed, often requiring notarization and official translation if any party is non-Arabic speaking.
Suggested Sections

1. Parties: Identification of the Seller and Purchaser, including full legal names, emirates ID numbers, and addresses

2. Background: Context of the transaction, including brief property description and intention to sell/purchase

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

4. Property Details: Comprehensive description of the property including plot number, area, location, and registration details

5. Consideration: Purchase price, payment terms, and method of payment

6. Transfer of Title: Terms and process of transferring ownership from seller to purchaser

7. Seller's Warranties: Warranties regarding ownership, right to sell, and property condition

8. Completion: Details of completion process, timing, and requirements

9. Registration: Process and requirements for registering the transfer with relevant authorities

10. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

11. Governing Law: Confirmation of UAE law application and jurisdiction

12. Execution: Formal execution block meeting UAE requirements for property deeds

Optional Sections

1. Condition of Property: Detailed description of property condition - used when selling property as-is or with known defects

2. Existing Tenancies: Details of any existing tenants - required if property is sold with sitting tenants

3. Mortgage Details: Information about existing or new mortgages - needed if property is mortgaged or being purchased with mortgage financing

4. Post-Completion Obligations: Any continuing obligations after completion - used when there are ongoing requirements

5. Foreign Ownership Compliance: Additional provisions for foreign buyers - required when purchaser is not a UAE national

6. Service Charges: Details of ongoing service charges - required for apartments or managed communities

7. Property Management: Management arrangements - needed for commercial properties or managed residential units

Suggested Schedules

1. Schedule 1 - Property Description: Detailed technical description of the property including boundaries, floor plans, and specifications

2. Schedule 2 - Title Documents: List of all title documents and ownership certificates

3. Schedule 3 - Inventory: List of included fixtures, fittings, and furniture if applicable

4. Schedule 4 - Property Certificate: Official property certificate from the Land Department

5. Schedule 5 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

6. Appendix A - Property Photos: Recent photographs of the property

7. Appendix B - Required Permits: Copies of relevant permits and certificates

8. Appendix C - Service Contracts: Details of ongoing service contracts that will be transferred

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 legal definitions
Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Legal Services

Hospitality

Retail

Commercial Property

Residential Property

Industrial Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Facilities Management

Corporate Affairs

Risk Management

Operations

Finance

Investment

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Real Estate Agent

Compliance Officer

Contract Manager

Property Developer

Real Estate Investment Manager

Facilities Manager

Corporate Lawyer

Transaction Manager

Legal Director

Chief Legal Officer

Real Estate Portfolio Manager

Property Acquisition 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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