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1. Parties: Identification of seller and buyer with full legal names, addresses, and registration details as per UAE requirements
2. Background: Context of the sale and brief description of the asset/property being sold
3. Definitions: Key terms used throughout the agreement, including specific UAE legal terminology
4. Sale and Purchase: Core provision stating the absolute and unconditional sale of the asset/property
5. Purchase Price: Detailed breakdown of the purchase price and payment terms
6. Completion: Process and requirements for completing the sale, including transfer of title
7. Seller's Warranties: Standard warranties regarding ownership, authority to sell, and condition of the asset
8. Buyer's Warranties: Warranties regarding authority to purchase and ability to complete payment
9. Transfer of Risk: Specific point at which risk passes from seller to buyer
10. Notices: Process for formal communications between parties
11. Governing Law and Jurisdiction: Confirmation of UAE law governance and jurisdiction
12. Language: Specification of controlling language version as per UAE requirements
13. Execution: Signature blocks and execution requirements
1. Property Registration: Required for real estate transactions, detailing registration requirements with relevant authorities
2. Conditions of Asset: Detailed for sales of specific assets requiring condition specifications
3. Tax Provisions: Required when VAT or other tax implications apply to the sale
4. Intellectual Property: Needed when the sale includes IP rights or licenses
5. Handover Procedures: For physical assets requiring specific handover protocols
6. Post-Completion Obligations: When ongoing obligations exist after sale completion
7. Anti-Money Laundering: Required for high-value transactions or when regulatory compliance demands
8. Force Majeure: Optional protection against unforeseen events affecting completion
1. Asset Description: Detailed technical description of the asset/property being sold
2. Purchase Price Breakdown: Itemized breakdown of the purchase price components
3. Form of Transfer Documents: Templates of required transfer documentation
4. Due Diligence Results: Summary of any due diligence findings and reports
5. Required Consents: List of third-party or regulatory consents required
6. Encumbrances: Details of any existing encumbrances on the asset
7. Completion Checklist: List of documents and actions required for completion
8. Property Title Documents: Copies of relevant title documents and certificates
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Trading
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Commercial Director
Chief Executive Officer
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Operations Director
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