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Sell Land Contract for United Arab Emirates

Sell Land Contract Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that facilitates the transfer of land ownership from a seller to a buyer. This document complies with UAE Civil Code requirements and local Land Department regulations, detailing the terms and conditions of the land sale, including property specifications, purchase price, payment terms, and transfer procedures. It incorporates necessary provisions for property registration, warranties, and obligations of both parties, while ensuring adherence to emirate-specific property laws and regulations.

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What is a Sell Land Contract?

The Sell Land Contract is a crucial legal document used in the United Arab Emirates for transferring land ownership between parties. It must comply with Federal Law No. 5 of 1985 (UAE Civil Code) and relevant emirate-specific property laws. This document is essential when selling any type of land in the UAE, whether vacant, developed, or partially developed. The contract includes mandatory elements required by the UAE Land Department such as party details, property specifications from the title deed, purchase price, payment terms, and transfer procedures. It also addresses specific UAE requirements like registration processes, documentary requirements, and applicable government fees. The document must be prepared in both Arabic and English, with the Arabic version prevailing in case of disputes.

What sections should be included in a Sell Land Contract?

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details as required by UAE law

2. Background: Context of the sale, confirmation of ownership, and seller's right to transfer the property

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

4. Sale and Purchase: Core agreement to sell and purchase the property, including the exact property details as per title deed

5. Purchase Price: Detailed breakdown of the purchase price and payment terms, including deposit arrangements

6. Completion Requirements: Steps required for completion, including Land Department registration procedures and documentation

7. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and property condition

8. Property Handover: Terms and conditions for physical handover of the property

9. Registration and Transfer: Process and requirements for official property registration and transfer at the Land Department

10. Costs and Fees: Allocation of registration fees, transfer fees, and other associated costs

11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction

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

1. Condition of Property: Detailed description of property condition, used when selling property as-is or with specific conditions

2. Tenant Rights: Include when property is sold with existing tenants and their rights need to be addressed

3. Foreign Ownership: Required when buyer is a foreign national, addressing specific requirements and restrictions

4. Mortgage Requirements: Include when purchase involves mortgage financing

5. Service Charge Settlement: For properties in managed communities, addressing outstanding and future service charges

6. Development Obligations: For undeveloped or partially developed land, including construction or development requirements

7. Power of Attorney: When either party is acting through an authorized representative

What schedules should be included in a Sell Land Contract?

1. Property Schedule: Detailed property description, including plot number, area, dimensions, and location details from title deed

2. Payment Schedule: Detailed breakdown of payment installments and timing

3. Title Deed Copy: Copy of current title deed showing ownership and property details

4. Property Plans: Official site plan and building plans if applicable

5. Handover Inventory: List of fixtures, fittings, and items included in the sale

6. Required Documents: List of documents required for transfer at Land Department

Authors

Alex Denne

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

Publisher

Ƶ

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use

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