The Intent To Sell Property Letter is a crucial preliminary document in UAE real estate transactions, particularly important in a market known for its complex property regulations and international investor base. This document serves as a formal declaration of the property owner's intention to sell, typically used before proceeding with a full sale and purchase agreement. It needs to comply with UAE federal property laws and emirate-specific regulations, particularly in major markets like Dubai and Abu Dhabi. The letter includes essential details such as property specifications, proposed price, basic terms, and timeline, providing a foundation for further negotiations. While not legally binding like a sale contract, it demonstrates serious intent and helps facilitate the initial stages of property transactions in the UAE market.
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1. Sender's Details: Full name, address, and contact information of the property owner/seller
2. Date: Current date of the letter
3. Recipient's Details: Full name, address, and contact information of the potential buyer
4. Subject Line: Clear indication that this is an Intent to Sell Property letter with reference number if applicable
5. Property Details: Comprehensive description of the property including address, size, type, and registration details as per UAE property registration requirements
6. Statement of Intent: Clear declaration of intention to sell the specified property
7. Basic Terms: Proposed sale price, payment terms, and any major conditions
8. Timeline: Proposed timeline for the transaction and validity period of the intent
9. Closing: Formal closing statement, signature block, and contact information for next steps
1. Property Title References: Include when the property has specific title deed numbers or registration references that need to be highlighted
2. Current Occupancy Status: Add when the property is currently tenanted or has occupancy considerations
3. Maintenance Status: Include when there are significant maintenance or repair items that affect the sale
4. Development Details: Add for properties within master communities or specific developments where additional regulations apply
5. Broker Details: Include when the sale is being facilitated through a registered real estate broker
1. Property Photos: Recent photographs of the property's exterior and key interior spaces
2. Location Map: Map showing the property's location and key surrounding landmarks
3. Title Deed Copy: Copy of the property's title deed or ownership documentation
4. Floor Plan: Basic floor plan or layout of the property
5. Property Condition Report: Basic report on the current condition of the property if relevant
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