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Conveyance Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Conveyance Agreement

I need a Conveyance Agreement for the sale of a commercial warehouse in Dubai Industrial City, with completion scheduled for March 2025, including specific provisions for existing tenant arrangements and the transfer of industrial operating permits.

Document background
The Conveyance Agreement is a crucial legal instrument used in the United Arab Emirates for transferring ownership of real property from one party to another. This document is essential in the UAE's property market, where specific legal requirements and registration procedures must be strictly followed. The agreement is typically used when conducting property transactions in any emirate, though specific requirements may vary between Dubai, Abu Dhabi, and other emirates. It includes comprehensive details about the property, parties involved, purchase price, payment terms, and completion requirements. The document must comply with UAE Civil Code requirements, relevant emirate-specific property laws, and Land Department regulations. A properly drafted Conveyance Agreement is particularly important in the UAE context due to the need to address both federal and local legal requirements, foreign ownership restrictions, and specific registration procedures.
Suggested Sections

1. Parties: Identification of the Seller and Purchaser with full legal names and details as required under UAE law

2. Background: Recitals establishing the ownership of the property and intention to transfer

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 description of what is being transferred

5. Purchase Price: Amount, currency, payment terms, and method of payment, including any escrow arrangements

6. Conditions Precedent: Essential conditions that must be satisfied before completion, including obtaining necessary approvals

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

8. Completion: Completion mechanics, timing, and requirements for transfer of title

9. Registration: Requirements and procedures for registering the transfer with relevant authorities

10. Costs and Taxes: Allocation of registration fees, transfer fees, and other transaction costs

11. Notices: Process for sending formal notices between parties

12. Governing Law and Jurisdiction: Confirmation of UAE law governance and jurisdiction of UAE courts

Optional Sections

1. Existing Tenancies: Required if the property is subject to existing lease agreements

2. Service Charge Provisions: Needed for properties in managed communities or buildings

3. Construction Completion: Required for off-plan properties or properties under construction

4. Mortgage Release: Needed if the property has an existing mortgage to be discharged

5. Foreign Ownership Compliance: Required for transactions involving non-UAE nationals

6. Property Management Handover: Needed for properties with ongoing management arrangements

7. Defect Liability: Optional for new properties or recent constructions

8. Utilities Transfer: Optional section detailing the transfer of utility accounts and deposits

Suggested Schedules

1. Property Description: Detailed legal description of the property including title deed details

2. Title Documents: Copies of relevant title documentation and registration certificates

3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Property Plans: Floor plans, site plans, and other relevant property drawings

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

6. Form of Transfer: Standard transfer forms required by the relevant land department

7. Due Diligence Documents: List of documents provided during due diligence

8. Completion Requirements: Checklist of documents and requirements for completion

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions







































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Relevant Industries

Real Estate

Property Development

Construction

Banking and Finance

Legal Services

Property Management

Investment

Real Estate Investment Trusts (REITs)

Hospitality

Retail

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Business Development

Finance

Risk Management

Operations

Corporate Affairs

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Investment Manager

Real Estate Investment Director

Contract Manager

Land Registration Officer

Real Estate Transaction Specialist

Corporate Lawyer

Property Finance Manager

Real Estate Portfolio Manager

Due Diligence Officer

Industries









Teams

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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