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Real Estate Purchase Agreement Contract for Qatar

Real Estate Purchase Agreement Contract Template for Qatar

A comprehensive legal document governed by Qatar law that formalizes the transfer of real estate property ownership from seller to buyer. This agreement outlines the terms and conditions of the sale, including property details, purchase price, payment terms, warranties, and completion requirements. It complies with Qatar's Civil Code and real estate regulations, including specific provisions for foreign ownership where applicable. The document incorporates mandatory requirements for property registration, transfer procedures, and relevant municipality approvals, while addressing both parties' rights and obligations throughout the transaction process.

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What is a Real Estate Purchase Agreement Contract?

The Real Estate Purchase Agreement Contract is a fundamental legal document used in Qatar for property transactions, essential for both residential and commercial real estate transfers. It must comply with Qatar's Civil Code (Law No. 22 of 2004) and various real estate regulations, including Law No. 16 of 2018 regarding foreign ownership. This agreement is required whenever real estate property is bought or sold in Qatar, documenting the complete transaction details including property specifications, price, payment terms, warranties, and transfer procedures. It serves as the primary legal instrument for protecting both parties' interests and ensuring compliance with local property laws, registration requirements, and municipality regulations. The document is particularly important given Qatar's strict property registration system and specific requirements for foreign property ownership in designated areas.

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

1. Parties: Identification of the seller and buyer with full legal names, Qatar ID numbers, and contact details

2. Background: Context of the transaction including brief property description and intention to sell/purchase

3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.

4. Property Details: Comprehensive description of the property including location, size, and registration details

5. Purchase Price: Agreed purchase price, payment schedule, and method of payment

6. Deposit: Amount, payment terms, and conditions for holding and releasing the deposit

7. Conditions Precedent: Conditions that must be satisfied before completion, including property inspection and title verification

8. Seller's Warranties: Warranties regarding property ownership, no encumbrances, and authority to sell

9. Buyer's Warranties: Warranties regarding financial capacity and authority to purchase

10. Completion: Process for completion, including timing, location, and required documentation

11. Transfer of Title: Process and requirements for legal transfer of property ownership

12. Post-Completion Obligations: Obligations after completion including registration and utility transfers

13. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

14. Default and Termination: Consequences of default and circumstances allowing termination

15. Governing Law and Jurisdiction: Confirmation of Qatar law application and jurisdiction for disputes

16. Notices: Process and requirements for formal communications between parties

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

1. Mortgage Provisions: Required if the property is being purchased with mortgage financing, detailing lender requirements and conditions

2. Construction Completion: Needed for off-plan properties or properties under construction, including completion guarantees and specifications

3. Foreign Ownership Compliance: Required for non-Qatari buyers, ensuring compliance with foreign ownership laws

4. Property Management Handover: Needed for properties within managed communities or buildings

5. Tenant Provisions: Required if the property is being sold with existing tenants

6. Furniture and Fixtures: Needed if the sale includes furniture or specific fixtures

7. Defect Liability: Important for new properties or recent constructions

8. Escrow Arrangements: Required if using an escrow agent for the transaction

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

1. Property Title Deed: Copy of the official property title deed and registration details

2. Property Plans: Architectural plans, floor plans, and location maps

3. Payment Schedule: Detailed breakdown of payment installments and timing

4. Property Inspection Report: Technical inspection report detailing property condition

5. Inventory List: List of included furniture, fixtures, and equipment if applicable

6. Building Permits: Copies of relevant building permits and certificates

7. Service Charges: Details of any community or building service charges

8. Land Survey Report: Official survey document showing property boundaries and dimensions

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

Jurisdiction

Qatar

Publisher

Genie AI

Document Type

Buy-Sell Agreement

Cost

Free to use

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