51Ƶ

Real Estate Contract Termination Agreement for United Arab Emirates

Real Estate Contract Termination Agreement Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formally terminates an existing real estate contract between parties, typically involving property buyers, sellers, or lessees. The agreement outlines the terms of termination, including settlement of outstanding payments, property handover procedures, and mutual release of obligations. It incorporates specific requirements under UAE federal laws and emirate-specific regulations, particularly those of Dubai and Abu Dhabi, ensuring compliance with local real estate legislation and property registration requirements. The document provides legal certainty for all parties and helps prevent future disputes related to the terminated contract.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Real Estate Contract Termination Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Real Estate Contract Termination Agreement?

The Real Estate Contract Termination Agreement is a crucial document used in the UAE real estate market when parties need to formally end their contractual relationship regarding property transactions. It is particularly relevant in situations involving property sale cancellations, development project terminations, or when parties mutually agree to end their real estate obligations. The document must comply with UAE federal laws, including the UAE Civil Code and specific emirate-level real estate regulations. It typically includes detailed provisions for financial settlements, property handover procedures, and mutual releases, while addressing specific requirements of UAE property registration authorities. This agreement is essential for protecting all parties' interests and ensuring proper documentation of the termination in accordance with local legal requirements.

What sections should be included in a Real Estate Contract Termination Agreement?

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and any registration numbers

2. Background: Details of the original contract being terminated, including date, property details, and reason for termination

3. Definitions: Key terms used throughout the agreement, including defined terms from the original contract where relevant

4. Termination: Express agreement to terminate the original contract and the effective date of termination

5. Settlement Terms: Financial settlement including any payments, refunds, or compensation between parties

6. Property Handover: Process and timeline for returning the property, keys, and related documents

7. Mutual Release: Mutual release from obligations under the original contract, subject to terms of the termination agreement

8. Representations and Warranties: Confirmation that parties have authority to enter into termination and statements about property condition

9. Confidentiality: Obligations regarding confidentiality of the termination terms and original transaction

10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes

11. Entire Agreement: Confirmation that this document represents the entire agreement regarding the termination

What sections are optional to include in a Real Estate Contract Termination Agreement?

1. Broker Provisions: Include when real estate brokers were involved in the original transaction, addressing any commission refunds or obligations

2. Third Party Rights: Include when there are mortgages, liens, or other third-party interests in the property

3. Tax Implications: Include when there are specific tax consequences of the termination that need to be addressed

4. Dispute Resolution: Include detailed arbitration or mediation procedures if parties want to specify alternative dispute resolution

5. Survival Clauses: Include when certain obligations need to survive the termination

6. Force Majeure: Include when termination is related to force majeure events

7. Registration Requirements: Include specific provisions about de-registration when the original contract was registered with authorities

What schedules should be included in a Real Estate Contract Termination Agreement?

1. Schedule 1 - Property Details: Detailed description of the property including title deed number and location

2. Schedule 2 - Payment Records: Summary of all payments made under the original contract and settlement calculations

3. Schedule 3 - Handover Checklist: List of items to be returned or checked during property handover

4. Schedule 4 - Outstanding Obligations: List of any outstanding obligations and how they will be handled

5. Appendix A - Original Contract: Copy of the original contract being terminated

6. Appendix B - Property Documentation: Copies of relevant property documentation including title deed and floor plans

7. Appendix C - Settlement Calculations: Detailed calculations of any financial settlements, including any deductions or compensations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Genie AI

Document Type

Cancellation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions











































Clauses






























Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Property Management

Real Estate Investment

Hospitality

Retail

Commercial Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Corporate Affairs

Risk Management

Operations

Business Development

Asset Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Contracts Manager

Property Manager

Real Estate Broker

Compliance Officer

Real Estate Director

Transaction Manager

Legal Director

Chief Legal Officer

Real Estate Partner

Property Sales Manager

Development Director

Asset Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Voluntary Termination

UAE-compliant template for documenting voluntary employment termination, including settlement terms and mutual releases.

find out more

Party Cancellation Letter

A UAE-compliant formal letter for cancelling a party or event, including cancellation terms and financial settlement details in accordance with UAE law.

find out more

Notice Of Termination Of Services Letter

A UAE-compliant template for formally notifying employees of employment termination, including notice period and settlement details as per Federal Decree-Law No. 33 of 2021.

find out more

Lease Termination Notice To Tenant

A UAE legal document for landlords to formally terminate a lease, ensuring compliance with local property laws.

find out more

Flat Cancellation Letter Due To To Non Payment

A UAE-compliant formal notice terminating a lease agreement due to tenant's failure to pay rent, including payment details and vacation requirements.

find out more

Contract Termination Letter For Employee

A formal employment termination notice compliant with UAE labor laws, stating termination terms and final settlement details.

find out more

Card Swiping Machine Cancellation Request Letter

A formal request letter for cancelling card payment processing services and equipment in the UAE, compliant with local banking regulations.

find out more

Letter Of Work Termination

A formal notice of employment termination that complies with UAE Labor Law requirements, documenting the end of an employment relationship.

find out more

Early Termination Letter

A UAE legal document template for formally communicating employment termination, ensuring compliance with local labor laws.

find out more

Contractor Contract Cancellation Letter

A UAE-compliant formal letter for terminating a contractor agreement, including termination terms and settlement details.

find out more

Cancellation Of Medical Aid Letter

A formal letter for terminating medical aid or health insurance coverage in the UAE, complying with local healthcare laws and insurance regulations.

find out more

Cancel Termination Letter

A formal document used in the UAE to terminate employment contracts or business agreements, complying with UAE Labor Law requirements and local regulations.

find out more

Cancel Subscription Letter

A UAE-compliant formal letter template for terminating subscription services, aligned with local consumer protection laws and business regulations.

find out more

Cancel Service Contract Letter

A UAE legal document template for formally terminating service contracts, ensuring compliance with local laws and regulations.

find out more

Cancel Membership Letter

A UAE legal document template for formally terminating membership agreements, ensuring compliance with local laws and regulations.

find out more

Cancel Loan After Approval Letter

A UAE-compliant formal letter requesting cancellation of an approved but undisbursed loan, addressing all regulatory and procedural requirements under UAE banking law.

find out more

Voluntary Termination Letter

A UAE legal document template for employees to formally resign, ensuring compliance with local labor laws.

find out more

Termination Of Contract Of Employment

UAE-compliant employment termination agreement template outlining separation terms, final settlements, and post-employment obligations under UAE Labor Law.

find out more

Cancel Job Application Letter

A formal letter used in the UAE to withdraw a job application, complying with UAE Federal Law No. 33 of 2021 and related employment regulations.

find out more

Tenant Termination Of Lease Agreement

A UAE legal document formalizing the termination of a lease agreement, ensuring compliance with local laws and regulations.

find out more

Lease Termination Agreement

A UAE legal document for mutually agreed lease termination, ensuring compliance with federal and emirate-specific regulations.

find out more

Partnership Termination Agreement

A UAE legal document formalizing the termination of a partnership, ensuring compliance with local commercial laws.

find out more

Mutual Termination Of Contract

A UAE legal document for mutually terminating contracts, detailing settlement terms and ensuring compliance with local laws.

find out more

Lease Termination Notice

A UAE legal document for formally notifying lease termination, compliant with federal and emirate-specific regulations.

find out more

Termination Of Commercial Lease Agreement

UAE-governed agreement for terminating commercial lease arrangements, ensuring compliant closure of landlord-tenant obligations.

find out more

Termination Employment Contract

A UAE legal document for formalizing employment termination, ensuring compliance with local labor laws and regulations.

find out more

Terminate Lease Contract Letter

A formal notice compliant with UAE law for terminating a lease agreement between landlord and tenant, outlining termination details and final arrangements.

find out more

Tenancy Cancellation Letter

A formal letter used in the UAE to notify the termination of a lease agreement, complying with local tenancy laws and regulations.

find out more

Security Agreement Cancellation Letter

A UAE law-governed document that formally terminates and releases security interests, confirming the satisfaction of secured obligations and authorizing deregistration with relevant authorities.

find out more

Lease Termination Letter To Landlord

A UAE legal document for formally ending a lease agreement, ensuring compliance with local property laws and regulations.

find out more

Tenancy Termination Notice

A UAE legal document for formally ending lease agreements, ensuring compliance with local real estate regulations.

find out more

Mutual Lease Termination Agreement

A UAE legal document formalizing mutual lease termination, addressing property handover and financial settlements.

find out more

Rescission Letter

A UAE legal document for formally terminating contracts, ensuring compliance with local Civil Code requirements.

find out more

Tenant Lease Termination Letter

A UAE legal document for tenants to formally terminate lease agreements, ensuring compliance with local property laws.

find out more

Rescind Contract

A UAE legal document template for mutually terminating contracts, ensuring compliance with local laws and protecting parties' interests.

find out more

Request Letter For Cancellation Of Training

A formal UAE-compliant letter requesting the cancellation of a training program or course, including relevant details and refund requests where applicable.

find out more

Real Estate Contract Termination Letter

A UAE legal document for formally terminating real estate contracts, ensuring compliance with local laws and regulations.

find out more

Property Lease Termination Letter

A formal notice compliant with UAE law for terminating a property lease agreement, containing essential termination details and handover arrangements.

find out more

Notice Of Termination Of Agreement

A UAE legal document for formally terminating contractual relationships, ensuring compliance with local laws and notice requirements.

find out more

Notice Of Cancellation For Non Payment Letter

A UAE law-compliant formal notice to terminate a contract due to payment default, serving as legal documentation of the cancellation process.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it