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Real Estate Sale Agreement Form
"I need a Real Estate Sale Agreement Form for a commercial property sale in West Bay, Qatar, between a Qatari corporate seller and a foreign corporate buyer, with completion scheduled for March 2025 and including provisions for existing tenant rights."
1. Parties: Identification of the seller and buyer, including full legal names, Qatar ID numbers/Commercial Registration numbers, and contact details
2. Background: Context of the sale, brief description of the property, and statement of intention to sell/purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details as per Qatar Property Registration Law
5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment schedule
6. Completion: Details of the completion process, including timing, location, and requirements for transfer of ownership
7. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with laws
8. Buyer's Warranties: Warranties regarding capacity to purchase and compliance with foreign ownership laws if applicable
9. Property Handover: Process and timing for physical handover of the property
10. Registration: Requirements and process for registering the property transfer with relevant authorities
11. Costs and Taxes: Allocation of transaction costs, registration fees, and any applicable taxes
12. Governing Law: Confirmation of Qatar law as governing law and jurisdiction
13. Notices: Process for serving formal notices between parties
14. Execution: Signature blocks and execution requirements
1. Condition Precedents: Specific conditions that must be met before completion, used when there are pending approvals or requirements
2. Mortgage Details: Include when the property purchase involves mortgage financing
3. Property Management: Interim arrangements for property management between contract signing and completion
4. Tenant Rights: Include when the property is sold with existing tenants
5. Developer Obligations: Include for new developments or off-plan purchases
6. Defects Liability: Include for new properties or those under warranty
7. Foreign Ownership Compliance: Include when buyer is non-Qatari, detailing compliance with foreign ownership laws
8. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
1. Property Title Deed: Copy of the official property title deed and registration details
2. Property Plans: Official plans, drawings, and maps of the property
3. Inventory List: List of fixtures, fittings, and contents included in the sale
4. Payment Schedule: Detailed breakdown of payment installments and timing
5. Property Certificates: Relevant certificates including building completion, compliance certificates
6. Due Diligence Reports: Technical, legal, and financial due diligence reports
7. Permissions and Approvals: Copies of relevant governmental or regulatory approvals
8. Building Plans: Approved building plans and permits where relevant
Authors
Real Estate
Construction
Property Development
Banking & Finance
Legal Services
Property Management
Investment & Asset Management
Hospitality
Retail
Commercial Property
Residential Property
Industrial Property
Legal
Real Estate
Compliance
Property Management
Asset Management
Facilities Management
Business Development
Investment
Operations
Risk Management
Due Diligence
Documentation
Real Estate Manager
Property Developer
Legal Counsel
Compliance Officer
Real Estate Agent
Property Surveyor
Contract Manager
Investment Manager
Property Manager
Facilities Manager
Real Estate Director
Asset Manager
Transaction Manager
Development Manager
Real Estate Consultant
Due Diligence Specialist
Title Officer
Real Estate Paralegal
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