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Gift Deed To Sale Deed

Gift Deed To Sale Deed Template for United Arab Emirates

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Key Requirements PROMPT example:

Gift Deed To Sale Deed

"I need a Gift Deed To Sale Deed for a residential property in Dubai Marina that was gifted to my son in January 2025, which we now want to convert to a sale deed with a consideration of AED 2.5 million, including all necessary UAE compliance requirements and registration details."

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Document background
The Gift Deed To Sale Deed is a crucial document in UAE property law that addresses situations where parties wish to convert a previously gifted property transaction into a sale. This document type is particularly relevant when families or related parties need to restructure property ownership arrangements for various reasons such as estate planning, family settlements, or business reorganization. The document must comply with UAE Civil Code requirements, relevant emirate-specific property laws, and Islamic law principles. It includes comprehensive details about the original gift, the agreed sale terms, property specifications, and necessary regulatory compliance measures. This document is commonly used in family business arrangements, property settlements, and situations where the original gift transaction needs to be formalized into a sale with proper consideration.
Suggested Sections

1. Parties: Details of the Donor/Seller and Donee/Buyer, including full legal names, addresses, and identification numbers

2. Background: History of the original gift deed, date of execution, and circumstances leading to conversion to sale

3. Definitions: Key terms used in the document including Property, Gift Deed, Sale Deed, Consideration, etc.

4. Details of Original Gift: Complete description of the original gift transaction, including date, registration details, and property description

5. Conversion Declaration: Formal declaration converting the gift deed into sale deed with mutual consent

6. Consideration: Details of the agreed sale price and payment terms

7. Property Details: Comprehensive description of the property including location, dimensions, registration details

8. Transfer of Rights: Statement of transfer of all rights and interests from donor/seller to donee/buyer

9. Representations and Warranties: Statements regarding property title, absence of encumbrances, and capacity to execute

10. Registration and Compliance: Provisions for registration with relevant authorities and compliance with local laws

11. Execution: Signature blocks and attestation requirements

Optional Sections

1. Power of Attorney: Required if any party is acting through an attorney

2. Consideration Receipts: Required if payment has already been made in full or part

3. Spousal Consent: Required if the property was matrimonial property or if required under applicable personal law

4. Municipal Approvals: Required for certain types of properties or in specific emirates

5. Previous Encumbrances: Required if there were any previous mortgages or liens that have been cleared

6. Tax Declarations: Required if there are any applicable tax implications to be declared

Suggested Schedules

1. Schedule 1 - Property Details: Detailed technical description of the property including plot number, survey details, and boundaries

2. Schedule 2 - Original Gift Deed: Copy or details of the original gift deed including registration particulars

3. Schedule 3 - Payment Schedule: If payment is to be made in installments, detailed payment schedule

4. Appendix A - Property Documents: List of all property documents handed over including title deed, surveys, etc.

5. Appendix B - Property Photos: Recent photographs of the property if required

6. Appendix C - NOCs: Copies of any required No Objection Certificates from authorities

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Recitals
Definitions
Property Description
Original Gift Declaration
Conversion to Sale
Consideration
Payment Terms
Transfer of Title
Possession
Registration
Representations and Warranties
Property Condition
Encumbrances
Compliance with Laws
Further Assurance
Costs and Expenses
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Attestation
Force Majeure
Assignment
Indemnification
Regulatory Compliance
Islamic Law Compliance
Municipal Approvals
Property Handover
Documentation
Relevant Industries

Real Estate

Construction

Legal Services

Banking and Finance

Property Development

Real Estate Investment

Family Business

Wealth Management

Islamic Finance

Property Management

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Documentation

Administrative Services

Corporate Secretarial

Risk Management

Islamic Banking

Client Relations

Relevant Roles

Legal Counsel

Property Lawyer

Real Estate Manager

Compliance Officer

Property Registration Officer

Notary Public

Real Estate Agent

Property Documentation Specialist

Legal Administrative Officer

Corporate Secretary

Estate Planning Advisor

Property Transfer Specialist

Islamic Law Advisor

Real Estate Transaction Manager

Industries
UAE Civil Code (Federal Law No. 5 of 1985): Primary legislation governing contracts, property transactions, and gifts. Articles 1173-1206 specifically deal with gift (Hiba) regulations.
UAE Property Registration Law: Regulates the registration of property transactions and transfers in the UAE, ensuring legal recognition of ownership changes.
Dubai Law No. 7 of 2006: Land Registration Law in Dubai - specific regulations for property registration and transfer in Dubai emirate.
Abu Dhabi Law No. 3 of 2005: Property registration and documentation requirements specific to Abu Dhabi emirate.
Federal Law No. 11 of 1992 (Civil Procedure Code): Governs procedural aspects of property transfers and documentation requirements.
UAE Islamic Personal Status Law: Relevant for understanding Islamic principles affecting gift-giving (Hiba) and property transfer.
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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