The Offer To Sell Template is a vital commercial document designed for use in the United Arab Emirates business environment. It serves as a standardized framework for presenting formal offers to sell assets, goods, or property, ensuring compliance with UAE legal requirements including the Civil Code and Commercial Transactions Law. This template is particularly useful when businesses or individuals need to make formal, legally sound offers that can be converted into binding sales contracts upon acceptance. The document incorporates all essential elements required under UAE law for a valid offer, including clear identification of the seller and potential buyer, detailed description of the sale object, pricing structures, payment terms, and conditions for acceptance. The Offer To Sell Template can be customized for various transaction types while maintaining its legal integrity and enforceability within the UAE jurisdiction.
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1. Parties: Identification of the Seller and the intended Recipient of the offer, including full legal names, addresses, and registration details if companies
2. Background: Context of the offer and brief description of the asset/property being offered for sale
3. Definitions: Key terms used throughout the document defined for clarity and legal certainty
4. Object of Sale: Detailed description of the item(s)/property being offered for sale, including specifications, condition, and any encumbrances
5. Purchase Price: Clear statement of the offered price, currency, payment terms, and any applicable VAT
6. Payment Terms: Details of payment method, timeline, and any installment arrangements
7. Delivery Terms: Specifications for delivery or transfer of the object of sale, including timing and logistics
8. Validity Period: Duration for which the offer remains valid and method of acceptance
9. Warranties: Seller's warranties regarding ownership, condition, and quality of the object of sale
10. Governing Law: Specification of UAE law as the governing law and relevant jurisdiction
1. Due Diligence: Terms for buyer's inspection and verification rights - include for high-value assets or complex sales
2. Conditions Precedent: Any conditions that must be satisfied before the sale can complete - include for regulated assets or when specific approvals are needed
3. Intellectual Property: IP rights transfer provisions - include when selling products with associated intellectual property
4. Confidentiality: Terms regarding confidential information - include for sensitive commercial transactions
5. Force Majeure: Provisions for unforeseen circumstances - include for long-term or complex delivery arrangements
6. Assignment: Rights to assign the offer - include for transferable rights or when dealing with corporate buyers
1. Schedule 1 - Asset Description: Detailed technical specifications, photographs, or plans of the object of sale
2. Schedule 2 - Price Breakdown: Itemized pricing, including any components, accessories, or additional services
3. Schedule 3 - Delivery Schedule: Detailed timeline and logistics for delivery or transfer
4. Appendix A - Required Documentation: List of documents required for transfer of ownership
5. Appendix B - Warranty Terms: Detailed warranty terms and conditions if applicable
6. Appendix C - Acceptance Form: Template form for formal acceptance of the offer
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