Landlord Tenant Mutual Release Template for United Arab Emirates

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Key Requirements PROMPT example:

Landlord Tenant Mutual Release

"I need a Landlord Tenant Mutual Release agreement for my Dubai retail space where both parties have agreed to terminate the lease early on March 1, 2025, with specific provisions for the return of shop fittings and settlement of outstanding utility bills."

Document background

The Landlord Tenant Mutual Release is a crucial document in UAE real estate practice, used when both landlord and tenant agree to terminate their lease agreement before its natural expiration or to formally document the end of a tenancy with special terms. This document is particularly important in the UAE market where rental relationships are strictly regulated at both federal and emirate levels. The agreement typically includes provisions for property handover, settlement of financial obligations, utility disconnection, and mutual release of claims. It serves as a legally binding document that protects both parties from future disputes and ensures compliance with UAE real estate laws and regulations. The document is especially relevant when parties need to document special arrangements for lease termination or when there are specific conditions attached to the early termination of the tenancy.

Suggested Sections

1. Parties: Identification of the Landlord and Tenant with full legal names and details as per UAE requirements

2. Background: Details of the original lease agreement, including date, property details, and reference to registration with relevant authorities

3. Definitions: Key terms used in the agreement including 'Property', 'Lease Agreement', 'Effective Date', and 'Settlement Amount' if applicable

4. Mutual Termination: Clear statement of mutual agreement to terminate the lease and the effective date of termination

5. Settlement Terms: Detailed breakdown of any financial settlements, including rent, security deposit, and outstanding utilities

6. Property Handover: Conditions and timeline for returning the property, including inspection requirements and key return

7. Mutual Release: Comprehensive release of claims by both parties against each other related to the lease

8. Representations and Warranties: Statements by both parties confirming authority to enter agreement and understanding of terms

9. Governing Law and Jurisdiction: Specification of UAE law application and relevant emirate's courts' jurisdiction

10. Execution: Signature blocks for all parties, including witness provisions as per UAE requirements

Optional Sections

1. Outstanding Maintenance: Include when there are specific maintenance issues that need to be addressed before termination

2. Third Party Claims: Include when there are potential claims from third parties that need to be addressed

3. Language Provision: Include when the agreement is bilingual (Arabic/English) to specify which version prevails

4. Confidentiality: Include when parties wish to keep the terms of the release confidential

5. Survival Clause: Include when certain obligations need to survive the termination

6. Return of Additional Items: Include when there are furnished items or additional property to be returned beyond the premises itself

Suggested Schedules

1. Schedule 1 - Property Inspection Report: Detailed report on the condition of the property at handover

2. Schedule 2 - Settlement Calculation: Detailed breakdown of all financial settlements including rent, deposits, and deductions

3. Schedule 3 - Handover Checklist: List of items to be completed/checked during property handover

4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being terminated

5. Appendix B - Utility Clearance Certificates: Copies of clearance certificates from utility providers

6. Appendix C - Property Photographs: Documentary evidence of property condition at handover

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Industrial

Legal Services

Property Development

Facility Management

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Asset Management

Tenant Relations

Contract Administration

Compliance

Operations

Property Services

Relevant Roles

Property Manager

Real Estate Manager

Leasing Manager

Legal Counsel

Facilities Manager

Asset Manager

Property Administrator

Tenant Relations Manager

Real Estate Agent

Compliance Officer

Contract Administrator

Property Services Director

Real Estate Operations Manager

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Mutual Release Agreement Of Purchase And Sale

A UAE law-governed agreement that enables parties to mutually release each other from claims related to a previous purchase and sale transaction.

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Authors

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