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Conveyancing refers to the legal process of transferring ownership of real estate or property from one party to another. It involves several steps and legal procedures to ensure that the transfer is valid, legally binding, and compliant with all relevant laws and regulations.
The property conveyancing process typically includes the following key elements:
Conveyancers handle drafting, explaining, and reviewing legal documents for property transfers, including POA, MOU, and SPA. We also assist with mortgage applications, liaising with lenders, and ensuring timely document submission.
Engaging a conveyancer offers numerous benefits for both buyers and sellers in property transactions:
Step-by-step breakdown of the conveyancing process
Client engages conveyancer, providing transaction details.
Contracts and agreements drafted and reviewed.
Conveyancer verifies property ownership and any issues.
Terms like price and conditions negotiated if needed.
Parties sign and exchange contracts.
Final transfer of ownership and payment on agreed date.
– Leading agency in property conveyancing and consultancy
– Committed to providing competitive prices in the market
– Focus on comprehending client’s requirements and offering expert consultations from inception to completion
– Strive for a seamless experience, empowering clients to navigate property transactions confidently
– Established in 2019 with a license from the Department of Economic Development of the United Arab Emirates in Abu Dhabi
– Headquarters located in Abu Dhabi, evolving from modest origins
– Renowned for stellar reputation, earning trust and esteem of clients, financial institutions, and banks across the UAE
Each party is required to pay a service charge of AED 2500 plus VAT
Dubai and Abu Dhabi
LOOKING FOR A POWER OF ATTORNEY IN DUBAI TO FINALIZE YOUR PROPERTY DEAL?
A Memorandum of Understanding (MOU) serves as an informative instrument facilitating the establishment of mutual understanding between parties. It aids in defining expectations and outlining the framework for future collaborations or agreements.
“NOC” stands for “No Objection Certificate” Its purpose is to ensure that all pertinent parties are notified and have no objections to a specific action or request, thereby facilitating smooth transactions and compliance with regulations.
A Power of Attorney (POA) may be necessary in diverse scenarios where an individual wish to empower another person to act on their behalf in legal or financial affairs. This could include instances where the individual becomes incapacitated due to illness, injury, or old age, or when someone intends to be absent for an extended duration.
The necessity of a conveyancer hinges on the particulars of your circumstances and your familiarity with legal procedures. However, in numerous instances, engaging a conveyancer is advisable. They offer invaluable expertise and support in maneuvering through the intricate legal aspects of property transactions.
Each party is required to pay a service charge of AED 2500 plus VAT
Your personal attendance during conveyancing may not always be obligatory, particularly if you’ve enlisted a conveyancer to manage the process on your behalf. Nonetheless, there are specific situations where your presence might be necessary or preferred, such as for signing legal documents or transferring ownership.
We assist clients in navigating the mortgage process, whether they are purchasing a new property or refinancing an existing loan.
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