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Land Sale Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Land Sale Contract Template

I need a Land Sale Contract Template for a commercial plot in Dubai Industrial City, compliant with RERA regulations and including specific provisions for industrial zoning requirements, with completion scheduled for March 2025.

What is a Land Sale Contract?

The Land Sale Contract Template is designed for use in the United Arab Emirates real estate market, providing a legally compliant framework for property transactions. This document is essential for any transfer of land ownership within the UAE, whether for residential, commercial, or industrial purposes. It incorporates all requirements under UAE federal law, including the Civil Code and Property Registration Law, while allowing for emirate-specific variations. The template is structured to accommodate both individual and corporate transactions, including provisions for foreign ownership restrictions where applicable. It covers all crucial elements including property details, payment terms, registration requirements, and completion procedures, while maintaining flexibility for specific transaction requirements. The document ensures compliance with local land department regulations and includes necessary provisions for title transfer and registration.

What sections should be included in a Land Sale Contract?

1. Parties: Details of the Seller and Buyer, including full legal names, Emirates ID numbers, and contact information as required by UAE law

2. Background: Context of the sale and confirmation of the Seller's ownership and right to sell the property

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Completion Date, and Purchase Price

4. Property Details: Comprehensive description of the property including plot number, municipality number, location, and size as per title deed

5. Purchase Price: The agreed purchase price, payment schedule, and method of payment

6. Payment Terms: Detailed breakdown of payment installments, deposit requirements, and final payment arrangements

7. Completion: Process and requirements for completion of the sale, including registration requirements at the relevant land department

8. Seller's Obligations: Responsibilities of the seller including providing clear title, necessary documentation, and property handover requirements

9. Buyer's Obligations: Responsibilities of the buyer including payment obligations, due diligence requirements, and registration responsibilities

10. Warranties and Representations: Standard warranties from both parties regarding capacity, authority, and property condition

11. Registration and Transfer: Procedures for property registration and transfer at the relevant land department

12. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

13. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and specification of relevant emirate's courts' jurisdiction

14. Notices: Process for serving formal notices between parties

15. Execution: Signature blocks and execution requirements

What sections are optional to include in a Land Sale Contract?

1. Condition Precedents: Used when the sale is subject to specific conditions being met before completion, such as mortgage approval or government permits

2. Mortgage Details: Required when the property is being purchased with mortgage financing, detailing the mortgage provider and arrangements

3. Property Management: Included when there are specific arrangements for property management during the transition period

4. Tenancy Provisions: Required when the property is sold with existing tenants, detailing the handling of tenant deposits and lease agreements

5. Development Obligations: Needed for off-plan properties or properties requiring specific development works

6. Force Majeure: Optional clause dealing with unforeseen circumstances that may affect completion

7. Dispute Resolution: Alternative dispute resolution mechanisms if parties wish to include arbitration or mediation options

8. Language: Required when the contract is bilingual, specifying which language prevails

What schedules should be included in a Land Sale Contract?

1. Property Title Deed: Copy of the original title deed with property details

2. Property Plans: Official property plans, layouts, and boundaries from the municipality

3. Payment Schedule: Detailed breakdown of payment installments and due dates

4. Property Condition Report: Detailed report on the current condition of the property

5. Due Diligence Documents: List of all property-related documents reviewed during due diligence

6. Existing Tenancy Documents: Copies of current lease agreements and tenant details if applicable

7. Service Charge Details: Information about ongoing service charges and maintenance fees

8. Power of Attorney: If applicable, POA documentation for either party

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Property Management

Investment & Asset Management

Public Sector & Government

Hospitality & Tourism

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Relevant Teams

Legal

Real Estate

Compliance

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Investment

Asset Management

Business Development

Operations

Finance

Risk Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Investment Manager

Asset Manager

Real Estate Investment Director

Contract Manager

Land Registration Officer

Property Consultant

Real Estate Transaction Manager

Development Director

Chief Legal Officer

Real Estate Portfolio Manager

Industries








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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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