The Pre Sale Purchase Agreement is a fundamental document in Qatar's real estate development sector, used when a developer sells a property that is yet to be constructed or is under construction. This agreement type has become increasingly important with Qatar's rapid urban development and the growth of large-scale real estate projects. The document must comply with Qatar's comprehensive legal framework, including the Civil Code and Real Estate Development Law, which provide specific requirements for off-plan sales. It typically includes detailed provisions for payment structures, construction timelines, property specifications, and delivery conditions. The agreement is designed to protect both developers' and purchasers' interests, particularly important in Qatar's regulated real estate market where off-plan sales require specific permits and registrations.
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1. Parties: Identification of the Developer/Seller and Purchaser with full legal names and details
2. Background: Context of the development project and the intention to sell/purchase the property off-plan
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including unit number, floor, building, project name, and specifications
5. Purchase Price: Total purchase price and payment schedule including installment amounts and due dates
6. Payment Terms: Methods of payment, bank details, and consequences of late payment
7. Construction and Delivery: Construction timeline, completion date, and delivery conditions
8. Developer's Obligations: Responsibilities of the developer including construction quality, warranties, and maintenance
9. Purchaser's Obligations: Responsibilities of the purchaser including payments and compliance with regulations
10. Title and Ownership: Process of title transfer and registration of property
11. Warranties and Representations: Warranties provided by both parties regarding their capacity and authority
12. Default and Termination: Circumstances constituting default and consequences of termination
13. Force Majeure: Events considered force majeure and their impact on the agreement
14. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and jurisdiction for disputes
15. Notices: Process for serving notices between parties
16. Execution: Signature blocks and execution requirements
1. Mortgage Arrangements: Include when purchaser is obtaining mortgage financing
2. Furniture Package: Include when the property is sold with furniture package options
3. Rental Guarantee: Include when developer offers rental return guarantees
4. Property Management: Include when developer provides property management services
5. Escrow Arrangements: Include when payments are managed through escrow
6. Assignment Rights: Include when transfer rights need to be specifically addressed
7. Foreign Ownership: Include when purchaser is a foreign national requiring special provisions
1. Schedule 1 - Property Specifications: Detailed technical specifications of the property including floor plans and finishes
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments and due dates
3. Schedule 3 - Construction Timeline: Milestone dates for construction and completion
4. Schedule 4 - Common Area Facilities: Description of common areas and facilities included
5. Schedule 5 - Service Charges: Estimated service charges and payment terms
6. Schedule 6 - Warranties: Detailed warranty terms for different aspects of the property
7. Appendix A - Project Approvals: Copies of relevant permits and approvals
8. Appendix B - Title Documents: Legal documentation relating to land title and ownership
9. Appendix C - Floor Plans: Detailed architectural plans and drawings
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