Home Contract Agreement Generator for United Arab Emirates

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Key Requirements PROMPT example:

Home Contract Agreement

I need a Home Contract Agreement for a 3-bedroom villa in Dubai Marina, with completion date set for March 15, 2025, including provisions for mortgage financing and post-handover payment plan over 3 years.

Document background
The Home Contract Agreement is a fundamental legal document used in the United Arab Emirates for residential property transactions, whether for sale, purchase, or rental purposes. This agreement is essential for protecting the rights and interests of all parties involved in residential property transactions within the UAE jurisdiction. The document must comply with UAE Civil Code (Federal Law No. 5 of 1985) and relevant emirate-specific real estate laws, including RERA regulations in Dubai. A properly structured Home Contract Agreement includes detailed property specifications, payment terms, warranties, obligations of all parties, and completion requirements. It must be registered with relevant authorities and drafted in both Arabic and English. The agreement is typically used for both completed properties and off-plan purchases, with variations in terms depending on the transaction type and property status.
Suggested Sections

1. Parties: Identification of all parties involved, including full legal names, Emirates ID numbers, and contact details of the seller/landlord and buyer/tenant

2. Background: Context of the agreement, including brief property description and purpose of the contract

3. Definitions: Clear definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including address, size, type, and registration details with the land department

5. Purchase Price/Rent: Detailed breakdown of the purchase price or rent amount, payment schedule, and payment methods

6. Payment Terms: Specific terms regarding payment, including installment details, security deposits, and any additional fees

7. Completion Date: Timeline for completion of the sale/tenancy and handover of the property

8. Warranties and Representations: Warranties from both parties regarding their capacity to enter into the agreement and property condition

9. Obligations: Detailed responsibilities of each party before, during, and after the transaction

10. Default and Remedies: Consequences of breach and available remedies for each party

11. Termination: Circumstances under which the agreement can be terminated and the process for termination

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts for dispute resolution

13. Notices: Process and requirements for serving formal notices between parties

14. Entire Agreement: Confirmation that this document represents the complete agreement between parties

Optional Sections

1. Mortgage Provisions: Include when the property purchase involves mortgage financing, detailing lender requirements and mortgage terms

2. Construction Completion: Include for off-plan properties, detailing construction milestones and completion guarantees

3. Maintenance Terms: Include for rental agreements or when specific maintenance responsibilities need to be allocated

4. Property Management: Include when a property management company is involved in managing the property

5. Furniture and Fittings: Include when the property is sold/rented furnished, with detailed inventory

6. Common Area Provisions: Include for properties in shared developments, detailing rights and responsibilities regarding common areas

7. Utilities Transfer: Include specific provisions for transfer of utility accounts and deposits

8. Broker Provisions: Include when real estate brokers are involved, detailing commission arrangements

Suggested Schedules

1. Property Title Deed: Copy of the official property title deed or Oqood for off-plan properties

2. Property Floor Plan: Detailed floor plan showing property layout and dimensions

3. Payment Schedule: Detailed breakdown of payment installments and due dates

4. Inventory List: Detailed list of included furniture, appliances, and fittings (if applicable)

5. Property Photographs: Documentation of property condition at time of agreement

6. Facility Services: Details of building facilities and services included

7. Building Rules: Copy of building rules and regulations if in a managed development

8. RERA Approvals: Copies of relevant RERA permits and approvals

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
Clauses
Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Legal Services

Property Management

Insurance

Facilities Management

Real Estate Investment

Residential Property

Relevant Teams

Legal

Real Estate Operations

Property Management

Sales

Compliance

Documentation

Customer Service

Asset Management

Contract Administration

Risk Management

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Contract Manager

Property Developer

Real Estate Investment Manager

Compliance Officer

Real Estate Transaction Specialist

Housing Officer

Property Sales Manager

Leasing Manager

Real Estate Operations Manager

Legal Director

Real Estate Portfolio Manager

Property Documentation Specialist

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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