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Irrevocable Deed
"I need an Irrevocable Deed to transfer ownership of my manufacturing business assets in Dubai Industrial City to my eldest son, with the transfer to take effect from March 1, 2025, ensuring compliance with UAE family business succession laws."
1. Parties: Full legal names and details of all parties involved in the deed, including their legal capacity and authority
2. Background: Context and circumstances leading to the creation of the deed, including any relevant prior agreements or arrangements
3. Definitions: Clear definitions of key terms used throughout the deed to ensure precise interpretation
4. Declaration: Clear statement of the irrevocable nature of the deed and the granting party's intention
5. Subject Matter: Detailed description of the rights, property, or interests being transferred or granted
6. Consideration: Details of any consideration given for the deed, if applicable
7. Representations and Warranties: Statements of fact and assurances about the subject matter and parties' authority
8. Covenants: Ongoing obligations and promises of the parties
9. Irrevocability Clause: Explicit statement confirming the irrevocable nature and conditions under which the deed cannot be revoked
10. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and jurisdiction for disputes
11. Execution: Formal execution block meeting UAE requirements for deeds, including witness provisions
1. Power of Attorney: Required if any party is acting through an attorney or representative
2. Conditions Precedent: Include if the deed's effectiveness is subject to certain conditions being met
3. Registration Requirements: Required if the deed relates to property or assets requiring registration
4. Tax Provisions: Include if there are specific tax implications or requirements
5. Succession Provisions: Required if the deed needs to address inheritance or succession matters
6. Islamic Law Compliance: Required if specific Sharia law principles need to be addressed
7. Third Party Rights: Include if the deed affects or creates rights for third parties
8. Severability: Optional clause addressing the validity of remaining provisions if parts are found invalid
1. Asset Schedule: Detailed description and/or listing of all assets covered by the deed
2. Title Documents: Copies or details of relevant title documents or ownership proof
3. Powers of Attorney: Copies of any relevant powers of attorney or authorization documents
4. Property Details: If property-related, detailed property information including plans and title details
5. Relevant Agreements: Copies of any referenced agreements or documents
6. Required Consents: Copies of any third-party or regulatory consents required
7. Authentication Documents: Notarial or other authentication certificates required under UAE law
Authors
Applicable Law
Assets
Authority
Business Day
Commencement Date
Completion
Confidential Information
Consideration
Deed
Effective Date
Encumbrance
Event of Default
Execution Date
Force Majeure
Governing Law
Grantor
Grantee
Interest
Liability
Licensed Rights
Material Adverse Effect
Parties
Permitted Assigns
Property
Relevant Authority
Representatives
Rights
Security Interest
Subject Matter
Successor
Term
Territory
Transaction Documents
Transfer
UAE
Working Hours
Definitions
Grant
Irrevocability
Consideration
Representations and Warranties
Covenants
Transfer of Rights
Title Guarantee
Registration
Further Assurance
Powers of Attorney
Notices
Assignment
Entire Agreement
Severability
Governing Law
Jurisdiction
Legal Compliance
Authentication
Execution
Witness Provisions
Successors and Assigns
Third Party Rights
Force Majeure
Costs and Expenses
Indemnification
Confidentiality
Amendments
Counterparts
Language
Notarization Requirements
Property Description
Asset Transfer
Islamic Law Compliance
Real Estate
Banking & Finance
Construction
Legal Services
Investment & Asset Management
Family Business
Manufacturing
Energy & Resources
Infrastructure
Healthcare
Education
Legal
Compliance
Real Estate
Corporate Affairs
Risk Management
Property Management
Business Development
Investment
Operations
Executive Leadership
Legal Counsel
Corporate Lawyer
Property Lawyer
Compliance Officer
Real Estate Manager
Business Development Director
Chief Legal Officer
Company Secretary
Contract Manager
Risk Manager
Property Rights Manager
Trust Officer
Asset Manager
Investment Director
Chief Executive Officer
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