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Free Real Estate Contract
I need a Free Real Estate Contract for the purchase of a commercial warehouse in Dubai Industrial City, with completion scheduled for March 2025, including specific provisions for existing tenant rights and equipment transfer.
1. Parties: Identification of all contracting parties including full legal names, addresses, and relevant registration details as per UAE requirements
2. Background: Context of the agreement and brief description of the transaction
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 UAE land registry requirements
5. Transaction Details: Nature of the transaction (sale, transfer, etc.) and any conditions precedent
6. Consideration: Details of the payment terms, amount, and method of payment
7. Completion: Process and requirements for completing the transaction, including registration requirements
8. Warranties and Representations: Standard warranties about property ownership, absence of encumbrances, and authority to enter into the agreement
9. Rights and Obligations: Specific rights and obligations of each party before and after completion
10. Default and Remedies: Consequences of breach and available remedies
11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
12. Notices: Process for serving formal notices between parties
13. Execution: Signature blocks and execution requirements as per UAE law
1. Condition of Property: Detailed description of property condition - used when transferring existing property
2. Handover: Specific arrangements for property handover - used for immediate transfers
3. Defect Liability: Responsibilities for property defects - particularly relevant for new properties
4. Service Charges: Details of ongoing service charges - used for properties in managed communities
5. Tenant Rights: Existing tenant details and rights - used when property is currently leased
6. Mortgage Details: Information about existing or new mortgages - used when property is mortgaged
7. Development Obligations: Construction or development requirements - used for off-plan properties
8. Commission: Details of any broker commission - used when brokers are involved
9. VAT Treatment: VAT implications and responsibilities - used for commercial properties
10. Force Majeure: Provisions for unforeseen circumstances - used in complex transactions
1. Property Schedule: Detailed property specifications, including floor plans and boundary details
2. Title Documents: Copies of relevant title documents and registration certificates
3. Payment Schedule: Detailed breakdown of payment terms and installments
4. Due Diligence Report: Summary of property due diligence findings
5. Property Inspection Report: Technical inspection report of the property
6. Existing Tenancy Details: Details of any existing tenancy agreements
7. Service Charge Schedule: Breakdown of applicable service charges and payment terms
8. Property Photos: Contemporary photographs of the property
9. Regulatory Approvals: Copies of relevant permits and regulatory approvals
10. Bank Details: Payment account details for transaction completion
Authors
Real Estate
Construction
Property Development
Banking and Finance
Legal Services
Property Management
Commercial Property
Residential Property
Hospitality
Retail
Industrial
Investment and Asset Management
Infrastructure Development
Legal
Real Estate
Compliance
Property Management
Sales
Business Development
Operations
Risk Management
Investment
Asset Management
Project Development
Contracts Administration
Transaction Management
Real Estate Manager
Property Developer
Legal Counsel
Compliance Officer
Property Consultant
Real Estate Broker
Contract Manager
Property Manager
Transaction Manager
Investment Manager
Asset Manager
Development Director
Sales Manager
Legal Director
Risk Manager
Operations Manager
Project Manager
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