For Sale By Owner Real Estate Contract Form Template for Qatar

The For Sale By Owner Real Estate Contract Form is designed for use in Qatar when property owners wish to sell their real estate directly to buyers without engaging a real estate agent. This document is structured to comply with Qatar's civil law system and Islamic Sharia principles, incorporating requirements from the Real Estate Registration Law (Law No. 22 of 2004) and foreign ownership regulations (Law No. 16 of 2018). It provides a comprehensive framework for documenting property sales, including essential elements such as property details, price, payment terms, and transfer procedures. The contract ensures proper registration with Qatar's Real Estate Registration Department and addresses specific local requirements such as property inspection, title transfer procedures, and payment mechanisms compliant with local banking practices.

1. Parties: Identification of the seller and buyer, including full legal names, Qatar ID numbers, and contact information

2. Background: Brief context of the transaction and confirmation of the seller's right to sell the property

3. Definitions: Key terms used throughout the agreement, including Property, Closing Date, Purchase Price, and other relevant terminology

4. Property Description: Detailed description of the property including address, plot number, size, and registration details as per Qatar's property registration system

5. Purchase Price: Agreed purchase price in Qatari Riyal and payment terms including deposits and final payment schedule

6. Payment Terms: Detailed breakdown of payment schedule, method of payment, and conditions for each payment

7. Closing and Transfer of Title: Process and requirements for property transfer, including registration at the Real Estate Registration Department

8. Seller's Representations and Warranties: Seller's declarations regarding property ownership, absence of disputes, and compliance with laws

9. Buyer's Representations and Warranties: Buyer's declarations regarding legal capacity to purchase and compliance with Qatar's foreign ownership laws if applicable

10. Closing Costs and Taxes: Allocation of transfer fees, registration costs, and other associated expenses

11. Default and Remedies: Consequences of breach by either party and available remedies

12. Governing Law and Jurisdiction: Confirmation of Qatar law application and jurisdiction of Qatar courts

13. Execution: Signature blocks and attestation requirements as per Qatar law