Document background
The Lifetime Lease Agreement is utilized in situations where parties wish to establish a long-term property arrangement that continues for the duration of the lessee's life. This specialized agreement, governed by UAE law and Sharia principles, provides security of tenure while protecting the underlying property rights of the owner. It is particularly relevant in family arrangements, retirement planning, or charitable contexts where traditional fixed-term leases are insufficient. The document must comply with UAE Civil Code requirements, local property regulations, and registration procedures, while addressing unique aspects such as succession rights, maintenance responsibilities, and potential transfer restrictions. This agreement type requires careful consideration of both current occupation rights and future property interests, making it distinct from standard lease agreements in the UAE market.
