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Sale Deed Without Partition
"I need a Sale Deed Without Partition for transferring a 25% undivided share in a Dubai commercial warehouse property to a foreign corporate investor, with completion scheduled for March 15, 2025, ensuring compliance with foreign ownership regulations."
1. Parties: Identification of the Seller(s) and Buyer(s) with full legal names, addresses, and identification details as required by UAE law
2. Background: Recitals establishing the Seller's ownership of the property and intention to sell an undivided share
3. Definitions: Key terms used in the deed including Property, Consideration, Completion Date, and Share Percentage
4. Property Details: Complete legal description of the property including title deed number, plot number, and registration details
5. Share Details: Specification of the undivided share being transferred, expressed as a percentage or fraction
6. Consideration: Purchase price and payment terms, including method and timing of payment
7. Title Guarantee: Seller's warranties regarding clean title and authority to sell
8. Transfer of Ownership: Declaration of transfer of the specified share from Seller to Buyer
9. Registration: Provisions for registration of the transfer with relevant authorities
10. Execution: Formal execution block with space for signatures, witnesses, and notarization
1. Co-owners' Rights: Required when existing co-owners have specific rights or when establishing new co-ownership arrangements
2. Management Provisions: Optional section detailing how the undivided property will be managed between co-owners
3. Right of First Refusal: Include when co-owners wish to establish pre-emptive rights for future sales
4. Tax Declarations: Required when specific tax implications need to be addressed or acknowledged
5. Power of Attorney: Include when any party is acting through an attorney or representative
6. Foreign Ownership Declaration: Required when buyer is a foreign national, confirming compliance with foreign ownership laws
1. Property Schedule: Detailed property description including maps, plans, and photographs
2. Title Documents: Copies of existing title deed and property registration documents
3. Payment Schedule: If payment is to be made in installments, details of payment plan
4. Co-ownership Agreement: If applicable, terms governing relationship between co-owners
5. Due Diligence Documents: Copies of property inspection reports, certificates, and clearances
6. Powers of Attorney: If applicable, copies of powers of attorney and supporting documentation
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Investment Management
Hospitality
Retail
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Property Management
Investment
Asset Management
Corporate Affairs
Risk Management
Business Development
Operations
Real Estate Lawyer
Property Manager
Legal Counsel
Compliance Officer
Real Estate Agent
Property Developer
Investment Manager
Asset Manager
Real Estate Transaction Manager
Legal Director
Property Registration Officer
Conveyancing Manager
Real Estate Investment Advisor
Corporate Lawyer
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