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The Real Estate Mortgage Agreement is a crucial document in UAE property financing transactions, used when a property owner (mortgagor) seeks to secure financial facilities by creating a mortgage over real estate in favor of a bank or financial institution (mortgagee). The agreement must comply with UAE Federal Law No. 14 of 2008, the UAE Civil Code, and relevant emirate-specific property laws. It contains detailed provisions regarding the property description, secured obligations, parties' rights and obligations, enforcement mechanisms, and registration requirements. The document is essential for both conventional and Islamic financing structures and must be registered with relevant local land departments or property registration authorities to be legally effective. It serves as a primary security document in real estate financing transactions, protecting the interests of financial institutions while ensuring compliance with local regulatory requirements.

1. Parties: Identification of the Mortgagor (property owner), Mortgagee (bank/financial institution), and any guarantors

2. Background: Context of the mortgage agreement, including reference to the underlying facility/loan agreement

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Secured Obligations, and Security Period

4. Creation of Mortgage: Express provisions creating the mortgage and charging the property as security

5. Property Details: Comprehensive description of the mortgaged property, including title details and registration information

6. Secured Obligations: Definition and scope of the obligations secured by the mortgage

7. Representations and Warranties: Mortgagor's confirmations regarding property ownership, authority to mortgage, and absence of encumbrances

8. Covenants: Positive and negative obligations of the Mortgagor regarding property maintenance, insurance, and restrictions on disposal

9. Insurance: Requirements for property insurance and assignment of insurance policies

10. Events of Default: Circumstances constituting default and triggering enforcement rights

11. Enforcement Rights: Mortgagee's rights and remedies upon default, including power of sale

12. Registration: Requirements and procedures for registering the mortgage with relevant authorities

13. Costs and Expenses: Allocation of costs related to mortgage creation, registration, and enforcement

14. Notices: Process and requirements for serving notices between parties

15. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction of UAE courts

16. Execution: Signature blocks and execution formalities