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Land Sale Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Land Sale Agreement Template

I need a Land Sale Agreement Template for a commercial development plot in Dubai, compliant with UAE law, that includes specific provisions for phased payments and development milestones, with completion scheduled for March 2025.

What is a Land Sale Agreement?

The Land Sale Agreement Template is designed for use in the United Arab Emirates real estate market, providing a standardized framework for documenting land property transactions. This template is essential for ensuring compliance with UAE federal laws, including the UAE Civil Code and relevant emirate-specific property regulations. It is particularly valuable when documenting the sale of vacant land, development plots, or land with existing structures. The template includes comprehensive sections covering property details, payment terms, warranties, and registration requirements specific to UAE jurisdictions. It's structured to accommodate various transaction types while ensuring all necessary legal protections and obligations are properly documented. The agreement template is regularly updated to reflect changes in UAE property laws and registration requirements, making it a reliable tool for real estate professionals, legal practitioners, and property developers operating in the UAE market.

What sections should be included in a Land Sale Agreement?

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 transaction and confirmation of the Seller's ownership and right to sell 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 for the sale and purchase of the property, including the exact property description and agreement to sell/buy

5. Purchase Price: Detailed breakdown of the purchase price, payment schedule, and payment methods in compliance with UAE regulations

6. Completion Requirements: Conditions to be satisfied before completion, including documentation and regulatory requirements

7. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with UAE property laws

8. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with UAE property ownership laws

9. Registration and Transfer: Process for property registration with relevant authorities (e.g., Dubai Land Department) and transfer procedures

10. Costs and Expenses: Allocation of transaction costs, including registration fees, transfer fees, and broker commissions

11. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and jurisdiction of UAE courts

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

1. Conditions Precedent: Used when completion is subject to specific conditions such as mortgage approval or NOCs

2. Property Inspection: Include when specific inspection requirements or current property condition needs to be documented

3. Mortgage Details: Required when the purchase involves mortgage financing

4. Broker Arrangements: Include when real estate brokers are involved in the transaction

5. Post-Completion Obligations: Used when there are specific obligations after completion, such as maintenance or renovation agreements

6. Force Majeure: Include when specific provisions for unforeseen circumstances affecting completion are needed

7. Vacant Possession: Required when the property is currently occupied and timing of vacancy needs to be specified

8. Service Charge: Include for properties within managed communities or buildings with service charges

What schedules should be included in a Land Sale Agreement?

1. Property Details: Detailed description of the property including title deed number, plot number, size, and location coordinates

2. Payment Schedule: Detailed breakdown of payment installments, dates, and payment methods

3. Property Documents: List of all property-related documents including title deed, floor plans, and building permits

4. Due Diligence Results: Summary of property inspection results and any identified issues

5. Existing Tenancies: Details of any existing tenancy agreements if the property is sold with tenants

6. Property Photographs: Current photographs of the property documenting its condition at time of sale

7. Required Approvals: List of necessary governmental and regulatory approvals required for the sale

8. Outstanding Charges: Details of any outstanding charges, service fees, or utility bills to be settled

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

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Finance

Relevant Roles

Real Estate Lawyer

Property Developer

Real Estate Agent

Legal Counsel

Compliance Officer

Property Manager

Investment Manager

Land Surveyor

Contract Manager

Real Estate Transaction Coordinator

Development Director

Legal Director

Property Acquisition Manager

Real Estate Investment Analyst

Due Diligence Specialist

Industries










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