The Property Damage Waiver Form is essential in UAE property transactions and usage agreements where one party seeks to limit liability for potential property damage. This document is particularly relevant in the UAE's dynamic real estate market and is structured to comply with Federal Law No. 5 of 1985 (UAE Civil Code) and relevant property laws. The form should be used when temporary property use, construction work, or events create potential damage risks. It typically includes detailed property descriptions, specific damage types covered, photographic evidence of current condition, and clear waiver terms. The document's structure reflects UAE legal requirements for liability waivers while protecting the interests of all parties involved.
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1. Parties: Identification of the property owner/manager and the party accepting the waiver, including full legal names and contact details
2. Background: Context of the waiver, including the relationship between parties and purpose of the agreement
3. Definitions: Clear definitions of key terms including 'Property', 'Damage', 'Waiver Period', and other relevant terms
4. Property Description: Detailed description of the property covered by the waiver
5. Waiver Terms: Explicit waiver language releasing the party from liability for specific types of property damage
6. Duration: Period during which the waiver is effective
7. Limitations: Specific exclusions or limitations to the waiver (e.g., willful damage, gross negligence)
8. Governing Law: Specification of UAE law as governing law and relevant jurisdiction
9. Signatures: Execution block for all parties including dates and witness requirements
1. Insurance Provisions: Used when specific insurance requirements need to be outlined in relation to the waiver
2. Third Party Rights: Include when the property might involve rights of third parties or when third parties might be affected
3. Indemnification: Additional indemnification clauses when broader protection is required
4. Dispute Resolution: Specific dispute resolution procedures when parties want to specify mediation or arbitration processes
5. Language: Include when dual Arabic-English text is required, specifying which version prevails
6. Notices: Include when formal notice procedures need to be specified for communications between parties
1. Schedule 1 - Property Details: Comprehensive description of the property including location, condition, and specific features
2. Schedule 2 - Photographic Evidence: Photos documenting the current condition of the property
3. Schedule 3 - Specific Damage Types: Detailed list of types of damage covered by the waiver
4. Appendix A - Property Inspection Report: Initial condition report of the property
5. Appendix B - Insurance Certificates: Copies of relevant insurance documentation if required
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Construction
Events and Entertainment
Hospitality
Corporate Office Space
Retail
Industrial
Education
Healthcare
Relevant Teams
Legal
Operations
Facilities Management
Risk Management
Property Management
Asset Management
Compliance
Real Estate
Contract Administration
Property Administration
Relevant Roles
Property Manager
Facility Manager
Real Estate Manager
Legal Counsel
Risk Manager
Operations Director
Event Manager
Construction Site Manager
Leasing Manager
Contract Administrator
Asset Manager
Building Supervisor
Property Administrator
Compliance Officer
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