Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Deed Of Redemption
"I need a Deed of Redemption for a commercial property in Dubai Marina, where my company (Al Safeer Trading LLC) will be redeeming a AED 5 million mortgage from Emirates NBD on March 15, 2025, with partial early payment penalties to be included."
1. Parties: Identification of the Mortgagor (property owner), Mortgagee (lender), and any other relevant parties
2. Background: Recitals detailing the original mortgage agreement, property details, and circumstances leading to redemption
3. Definitions: Key terms used throughout the deed, including Property, Mortgage, Redemption Amount, and Completion Date
4. Original Mortgage Details: Specific details of the original mortgage including date, amount, and registration details
5. Redemption Amount: Statement of the final settlement amount and calculation method
6. Payment Terms: Details of how and when the redemption amount will be paid
7. Discharge of Mortgage: Terms confirming the discharge of the mortgage upon payment
8. Property Release: Provisions for releasing the property from the mortgage and returning title documents
9. Registration Requirements: Steps required for registering the discharge with relevant authorities
10. Representations and Warranties: Standard warranties about authority to enter agreement and accuracy of information
11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
12. Execution: Formal execution blocks complying with UAE requirements
1. Multiple Properties: Additional provisions when the redemption covers multiple properties
2. Third Party Rights: Provisions dealing with any third-party interests in the property
3. Partial Redemption: Terms for cases where only part of the mortgage is being redeemed
4. Power of Attorney: When representatives are acting on behalf of main parties
5. Currency Conversion: Required when redemption payment is in a different currency from original mortgage
6. Tax Provisions: Special tax considerations or requirements if applicable
7. Further Assurance: Additional actions parties may need to take to perfect the redemption
1. Schedule 1 - Property Description: Detailed legal description of the property/properties including title details
2. Schedule 2 - Original Mortgage Agreement: Copy or key details of the original mortgage agreement
3. Schedule 3 - Payment Schedule: Detailed breakdown of the redemption amount and payment terms
4. Schedule 4 - Required Documents: List of documents required for completing the redemption process
5. Schedule 5 - Registration Requirements: Specific requirements for different emirates where property is located
6. Appendix A - Property Documents: Copies of relevant property ownership and registration documents
7. Appendix B - Authority Documents: Powers of attorney or corporate authorizations if applicable
Authors
Business Day
Completion
Completion Date
Discharge
Effective Date
Encumbrance
Land Department
Mortgage
Mortgage Agreement
Mortgaged Property
Mortgagee
Mortgagor
Original Facility
Outstanding Amount
Parties
Property
Property Registration Law
Redemption Amount
Redemption Date
Registration Fees
Relevant Authority
Security
Security Interest
Settlement Amount
Title Deed
Transfer
UAE
Working Day
Recitals
Definitions
Redemption
Payment
Discharge
Property Release
Registration
Representations and Warranties
Further Assurance
Costs and Expenses
Notices
Assignment
Severability
Entire Agreement
Amendments
Counterparts
Governing Law
Jurisdiction
Language
Compliance
Authority
No Claims
Waiver
Time of Essence
Force Majeure
Banking & Financial Services
Real Estate & Property
Construction & Development
Legal Services
Corporate Services
Investment Management
Islamic Finance
Residential Property
Commercial Property
Legal
Real Estate
Finance
Compliance
Risk Management
Property Services
Mortgage Operations
Corporate Services
Documentation
Title Registration
Legal Counsel
Property Manager
Mortgage Officer
Real Estate Director
Compliance Officer
Finance Manager
Property Lawyer
Banking Executive
Real Estate Agent
Title Officer
Corporate Treasurer
Risk Manager
Islamic Banking Officer
Property Registration Officer
Find the exact document you need
Deed Of Redemption
A UAE-law governed document that formally records the discharge of a mortgage following full repayment, initiating the removal of the charge from property records.
Deed Of Rectification
A UAE law-governed document used to formally correct errors or omissions in a previously executed deed, requiring proper notarization and execution under UAE legal requirements.
Deed Of Donation Of A Parcel Of Land
A UAE-compliant legal document facilitating the gratuitous transfer of land ownership, requiring official registration and notarization under UAE law.
Deed Of Assignment Property
A UAE-compliant legal document that transfers property ownership rights from an Assignor to an Assignee, subject to UAE federal and emirate-level property laws.
Deed Of Sale Property
A UAE law-governed deed that formally documents the sale and transfer of property ownership, ensuring compliance with local property regulations and registration requirements.
Deed On Death
A UAE legal document specifying asset distribution upon death, particularly relevant for non-Muslims under UAE Federal and DIFC laws.
House Trust Deed
A legal document establishing a property trust arrangement in the UAE, detailing property transfer, management, and beneficiary rights in accordance with UAE law.
Relinquishment Deed With Consideration
A UAE-governed deed documenting the formal surrender of rights or interests in exchange for consideration, requiring notarization and compliance with UAE Civil Code.
Gift Deed Of Land
A UAE-compliant legal document facilitating the gratuitous transfer of land ownership, governed by UAE Civil Law and Sharia principles.
Family Partition Deed
A UAE law-governed deed that formally documents the agreed division of family-owned properties among family members, combining civil and Sharia law requirements.
Deed Of Variation Property
A UAE-compliant legal document used to modify existing property agreements or documentation, subject to local property laws and registration requirements.
Mortgage Without Possession Deed
A UAE law-governed security document creating a mortgage over property while allowing the mortgagor to retain possession, subject to UAE Federal Mortgage Law and emirate-specific requirements.
Deed Of Relinquishment
A UAE-governed legal document formalizing the voluntary surrender of rights, interests, or claims in property or other assets.
Deed Of Ratification
A UAE law-governed deed that formally validates and confirms previous actions or agreements, ensuring their legal enforceability within the UAE jurisdiction.
Freehold Title Deed
A UAE Freehold Title Deed is the official property ownership document issued by the Land Department, serving as legal proof of property ownership rights under UAE law.
Sale Deed Of Flat
A UAE-compliant legal document for transferring ownership of an apartment or flat between parties, containing all necessary property details and transfer terms.
Sale Deed For House
A legal document for transferring house ownership in the UAE, complying with federal and emirate-specific property laws and registration requirements.
Perpetual Lease Deed
A UAE-compliant legal document establishing perpetual leasehold rights over real property, combining elements of leasehold and ownership rights under UAE federal and emirate-specific laws.
Deed Of Release Property
A UAE-governed legal document that releases rights, interests, or claims over specified property, requiring formal execution and registration under UAE property laws.
Deed Of Partition
A UAE-law governed document that legally establishes the division of jointly owned property among multiple owners, detailing specific allocations and rights.
Conditional Deed Of Sale
A UAE-governed legal document establishing a conditional property sale agreement, subject to specific conditions being met before final completion.
Property Trust Deed
A UAE-compliant legal document establishing a trust arrangement for property ownership and management, detailing trustee powers and beneficiary rights under UAE law.
Home Deed
A legal document under UAE law that transfers residential property ownership, containing property details and transfer terms, requiring official registration with the Land Department.
Estate Deed
A legal document used in the UAE to establish or transfer property ownership rights, complying with UAE federal and emirate-specific property laws.
Deed Of Purchase
A formal legal document under UAE law that transfers property ownership from seller to purchaser, complying with UAE Civil Code and emirate-specific property regulations.
Release Deed Without Consideration
A UAE law-governed deed where one party voluntarily releases another from claims or obligations without receiving any consideration in return.
Survivorship Deed
A UAE legal document establishing joint property ownership with automatic transfer rights to surviving owners upon a co-owner's death.
Living Estate Deed
A UAE-compliant legal document establishing living estate arrangements for property transfer and management while maintaining grantor control during their lifetime.
Co Ownership Deed
A UAE-compliant legal document establishing rights and obligations between multiple owners of a single property, governed by UAE Federal and local emirate laws.
Deed Of Gift For Land
A UAE-compliant legal document for transferring land ownership as a gift, meeting both civil and Islamic law requirements.
Grant Deed
A legal document used in the UAE for transferring real property ownership between parties, complying with UAE Civil Code and local emirate requirements.
Deed Of Conveyance For Land
A UAE-compliant legal document that transfers land ownership rights from a seller to a buyer, subject to federal and emirate-specific property laws.
Tenancy Deed
A UAE-compliant lease agreement establishing terms and conditions for property rental, adhering to federal and emirate-specific property laws.
Deed Of Sale Without Land Title
A UAE-compliant legal document facilitating property sale transactions where formal land title is not available, ensuring protected transfer of ownership rights.
Deed Of Ownership
A legal document under UAE law that establishes and transfers property ownership rights, requiring registration with the relevant Land Department.
Release Of Mortgage Document
A UAE-compliant legal document issued by a mortgagee confirming the discharge of a property mortgage following loan repayment.
Real Estate Deed
A legal document under UAE law that transfers real estate ownership between parties, requiring registration with the relevant Land Department.
Deed Of Assignment For Property
A UAE-compliant legal document that transfers property ownership rights from an Assignor to an Assignee, meeting local property registration requirements.
Apartment Deed
A legal document transferring apartment ownership rights in the UAE, compliant with federal and emirate-specific property laws.
Deed Of Sale For Lot
A UAE-compliant legal document transferring ownership of a land plot from seller to buyer, meeting federal and emirate-specific property regulations.
Deed Of Gift Property
A UAE legal document for transferring property ownership as a gift, complying with Emirates' property laws and Sharia principles.
Purchase Deed
A UAE-compliant legal document evidencing property ownership transfer from seller to purchaser, subject to federal and emirate-level property laws.
Inheritance Deed
A UAE legal document that formally records and validates the distribution of a deceased person's estate among legal heirs, following UAE Federal and Emirate-specific inheritance laws.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.