The Release of Memorandum of Lease is a crucial document in UAE property transactions, used when a registered lease interest needs to be formally removed from property records. This typically occurs upon lease termination, property sale, or when cleaning up historical lease registrations. The document must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and specific emirate-level property regulations. It contains essential details about the original lease registration, property description, and express release provisions. The Release of Memorandum of Lease requires proper execution and notarization before submission to the relevant land registry authority, ensuring proper clearance of the property records and maintaining the integrity of the UAE's property registration system.
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1. Heading and Date: Document title, date of execution, and emirate/jurisdiction
2. Parties: Full legal names and details of the Landlord and Tenant as they appear on the original memorandum of lease
3. Recitals: Background information including details of the original lease, its registration details, and the memorandum being released
4. Property Description: Detailed legal description of the property as it appears in the original memorandum of lease
5. Release Statement: Express statement releasing and discharging the memorandum of lease from the property records
6. Registration Instructions: Direction to the relevant land registry/authority to remove or cancel the memorandum registration
7. Execution Block: Signature blocks for all parties, including notarization requirements
1. Consideration: Statement of consideration for the release, if required (used when there is a payment or other consideration for the release)
2. Governing Law: Specific mention of governing law and jurisdiction (used when the property spans multiple emirates or involves international parties)
3. Further Assurance: Commitment to execute additional documents if needed (used in complex cases or where additional formalities might be required)
4. Legal Representatives: Details of legal representatives if parties are acting through power of attorney (used when parties are not signing directly)
1. Original Lease Details: Copy or extract of the original lease registration details and memorandum reference numbers
2. Property Plans: Copies of relevant property plans or survey documents as registered with the original memorandum
3. Powers of Attorney: Copies of any relevant powers of attorney if parties are acting through representatives
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