Intention To Sell Property Letter Template for United Arab Emirates

The Intention To Sell Property Letter is a crucial preliminary document in UAE real estate transactions, serving as a formal written expression of a property owner's commitment to sell their property. This document is typically used when parties have reached an initial understanding but are not yet ready to enter into a formal sale and purchase agreement. While not legally binding for the final sale, it helps establish serious intent and can be referenced in subsequent legal documents. The letter must comply with UAE federal and emirate-specific property laws, including RERA regulations in Dubai. It typically includes essential details such as property specifications, proposed price, and basic terms, serving as a foundation for the formal sale process. This document is particularly important in the UAE's regulated real estate market where clear documentation of intentions and terms is crucial for property transactions.

1. Sender Details: Full name, address, and contact information of the property owner/seller

2. Date: Current date of the letter

3. Recipient Details: Full name, address, and contact information of the intended buyer

4. Subject Line: Clear indication that this is an Intention to Sell Property letter

5. Property Details: Comprehensive description of the property including address, size, type, and registration details as per UAE property registration requirements

6. Declaration of Intent: Clear statement of intention to sell the specified property

7. Proposed Terms: Basic terms including proposed price, payment method, and timeline

8. Property Title Status: Confirmation of clear title and ownership status

9. Validity Period: Duration for which this intention to sell remains valid

10. Signature Block: Space for seller's signature, name, and date