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Deed Of Sale Contract
"I need a Deed of Sale Contract for a commercial warehouse property in Dubai Industrial City, with a purchase price of 5 million AED and completion scheduled for March 2025, including specific provisions for existing tenant arrangements and equipment transfer."
1. Parties: Full legal names and details of the seller and purchaser, including Emirates ID numbers for individuals or trade license details for companies
2. Background: Context of the sale, including brief description of the property and seller's ownership status
3. Definitions: Definitions of key terms used throughout the deed
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details
5. Sale and Purchase: Core terms of the sale including the agreed purchase price and confirmation of the transfer of ownership
6. Payment Terms: Details of the purchase price, payment schedule, and method of payment
7. Completion: Specific requirements and procedures for completing the sale, including registration requirements
8. Seller's Warranties: Warranties regarding ownership, right to sell, and property condition
9. Property Handover: Terms and conditions for the physical handover of the property
10. Registration and Transfer: Process and requirements for legal registration of the property transfer
11. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant emirate's courts' jurisdiction
12. Execution: Formal execution block including space for signatures and official stamps
1. Condition of Property: Detailed description of property condition - include when selling property 'as is' or with known defects
2. Encumbrances: Details of any existing mortgages, liens, or other encumbrances - include if property is not free from all encumbrances
3. Service Charges: Details of outstanding service charges and responsibility for payment - relevant for apartments or managed communities
4. Utilities Transfer: Process for transferring utility accounts - include for residential properties
5. Tenancy Status: Details of existing tenancies - include if property is sold with sitting tenants
6. VAT Provisions: VAT applicability and payment responsibility - include for commercial properties or new developments
7. Force Majeure: Provisions for unforeseen circumstances - include for sales with delayed completion
8. Broker Involvement: Details of any real estate brokers involved - include when transaction involves brokers
1. Property Title Deed: Copy of the original title deed showing current ownership
2. Property Plans: Official floor plans and plot maps from relevant authorities
3. Payment Schedule: Detailed breakdown of payment installments and dates if applicable
4. Property Photographs: Recent photographs documenting the current condition of the property
5. Inventory List: List of fixtures, fittings, and items included in the sale
6. Due Diligence Documents: Copies of building permits, completion certificates, and other relevant documentation
7. Service Charge Statement: Current statement of service charges and maintenance fees
8. NOC Documents: Relevant No Objection Certificates from authorities or developers
Authors
Property
Purchase Price
Completion Date
Title Deed
Land Department
Deposit
Business Day
Completion Date
Effective Date
Encumbrances
Fixtures and Fittings
Governing Law
Handover Date
Land Registry
Notary Public
Payment Schedule
Possession
Property Registration
Purchase Price
Registration Fee
Sale Agreement
Service Charges
Title Documents
Transfer Date
Emirates ID
Trade License
Property Unit
Common Areas
Maintenance Charges
Building
Master Community
Developer
Municipality
Utility Services
Certificate of Completion
RERA
Broker
Due Diligence
Escrow Account
Transfer Fee
Sale and Purchase
Property Description
Ownership Transfer
Purchase Price
Payment Terms
Completion
Warranties
Property Condition
Due Diligence
Title Transfer
Registration
Property Handover
Risk and Insurance
Representations
Default
Termination
Notices
Assignment
Severability
Entire Agreement
Amendment
Force Majeure
Dispute Resolution
Governing Law
Costs and Expenses
Compliance
Property Registration
Broker Confirmation
Stamp Duty
Indemnification
Further Assurance
Good Faith
Language
Counterparts
Real Estate
Construction
Banking and Finance
Legal Services
Property Development
Investment and Asset Management
Hospitality
Retail
Commercial Property
Residential Property
Industrial Property
Legal
Real Estate
Compliance
Property Management
Sales
Corporate Affairs
Investment
Operations
Risk Management
Documentation
Business Development
Asset Management
Legal Counsel
Property Lawyer
Real Estate Manager
Compliance Officer
Property Development Manager
Real Estate Agent
Contract Manager
Legal Director
Corporate Lawyer
Property Sales Manager
Investment Manager
Asset Manager
Real Estate Transaction Specialist
Chief Legal Officer
Property Portfolio Manager
Real Estate Operations Manager
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