Application Form Property Transfer NOC CANAL RESIDENCE

Transcription

1 Property Transfer requires the written consent of Dubai Sports City/SOAMS. Please complete this form with full details and include all the necessary documents as per the checklist below. Kindly handover all documents to the SOAMS Helpdesk. Create New NOC: Renewal NOC: PROCESS Normal: Urgent: Date: Property details: Project Name: Canal Residences Type of Property Apartment No: Building Name: Plot No: Seller Information: Name: 1- Name: 2- Nationality: Passport No: P.O BOX: Fax No: Physical Address: Mobile No: Nationality: Passport No: P.O BOX: Fax No: Physical Address: Mobile No: Buyer Information: Name: 1- Name: 2- Nationality: Passport No: P.O BOX: Fax No: Physical Address: Mobile No: Nationality: Passport No: P.O BOX: Fax No: Physical Address: Mobile No: Page 1 of 8 SOAMS/CRW/2017/Prop_Trans/100118

2 Cash: Mode of Purchase (to be filled by Buyer) Mortgage Details: Mortgage By (Bank Name): Ijarah Details: Ijarah By (Bank Name): Gifting : Number of shares Gifting: BY SIGNING BELOW I HEREBY CERTIFY THAT THE ABOVE INFORMATION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. Seller Signature: 1- Buyer Signature: (POA) holder _ (POA) holder _ Signature: Signature: Agent Name: Company: Mobile: SOAMS /DSC Received By: Date: SOAMS /DSC Approved By: Date: Important Notes: 1- The Physical presence of the Seller and the Buyer is mandatory. Signature of the Application shall be in the presence of one of SOAMS personnel. 2- Seller & Buyer (or appointed Power of Attorney) must bring original ID proof for verification. 3- If the request is granted, you will receive written consent from Dubai Sports City/SOAMS. 4- Approval of this request is subject to payment and realization of all dues pertaining to the property. 5- As per the Master Developer directives, all NOC application shall be put on hold until full inspection of the Property is carried out to ensure that there are no breaches of the Master Community Declaration and Community Rules this includes Home Modifications carried out after due approvals and NOC s issued from Dubai Sports City and Dubai Municipality and a Letter of Clearance from the Master developer is released. 6- Please mention below the convenient date & time for us to conduct the inspection: Date: Time: 7- I understand that Community Service Fees are due on Quarterly basis effective 01 October, 01 January, 01 April & 01 July and that only 1 Invoice is received in month of September/ October for the entire year. Page 2 of 8 SOAMS/CRW/2017/Prop_Trans/100118

3 (From the Seller) TERMS AND CONDITIONS Documents Required: (From the Buyer) 1 Request Letter for issuance of NOC (Duly Signed) 1 Original Passport & Visa & ID. 2 Copy of completion of payment Certificate. 2 Loan offer letter from financier- if buyer is availing finance. 3 Original Title Deed issued by the Land 3 Deed of adherence duly signed. Department/ Original Sale Agreement. 4 Original Passport & Visa & ID. 4 Undertaking letter of confirmation that the Buyer will pay for all charges as specified within the apartment contract and will accept all responsibilities for the apartment including any outstanding payments from the date of transfer of property. 5 Original Memorandum of Understanding between 6 Company documents - if applicable. Buyer & Seller. 6 A Clearance certificate address to DSC from the Bank/ Mortgage provider. 7 Copy of DEWA Bill reflecting Sellers name as an Owner or DEWA Transfer of Ownership Proof or Final DEWA and Utilities (Emicool etc.) bill payment receipt. 8 Undertaking letter of confirmation that the Seller will pay all fees pertaining to the apartment until the actual transfer in land Department. 9 Company documents - if applicable. Power of Attorney (in the event CUSTOMER cannot apply in person) Power of attorney (POA) duly notarized by a UAE Court or if you are living overseas, the POA to be notarized by the UAE Embassy and Department of Foreign Affairs in the UAE OR the POA to be notarized and attested by the respective Consulate/ Embassy in UAE from where the POA was originally issued and then attested by the Department of Foreign Affairs in the UAE. The attorney should carry valid passport copy, POA copy and his original passport along with the original POA. (Applicable for both buyer and seller). POA should explicitly mention that the authorized representative has the authority to transact the specific property or any property. Legalized translation of POA if not in Arabic (required by LD) (POA should explicitly mention that the authorized representative has the authority to transact the specific property or any property) In case the Signatory is holding a POA from the Seller and the Buyer, the POA from the Seller shall explicitly mention the POA capacity to sell to himself. DSC reserves the right to request additional documents at any stage of the process. Page 3 of 8 SOAMS/CRW/2017/Prop_Trans/100118

4 FEES: 1- A Service Charge of AED500 (plus 5 % VAT) total 525 AED will apply towards Property Inspection and issue of Clearance Letter. 2- AED 1,000/ (plus 5 % VAT) total 1,050 AED - (Normal processing, within 10 working days) - subject to satisfactory Inspection 2- AED 3,000/ (plus 5 % VAT) total 3,150 AED - (Urgent processing - 3 working days) - subject to satisfactory Inspection *1 st working day is considered the working day after submission of complete documentation and satisfactory completion of inspection *Please note that the validity if the NOC is 30 days from the date of issuance. Once invalid, a new application must be made. 5- Refundable Security Deposit of AED 3000/- payable in Cash by the Buyer (refunded upon buyer providing the Registration Receipt issued by DEWA (the Premise Number of the Unit must be endorsed by DEWA on this receipt for SOAMS Office to verify it related to the same Premise) confirming that the Buyer has registered as the NEW OWNER of the Unit or the latest DEWA Bill (reflecting name of New Owner), Emicool documents showcasing transfer to new Owner s name and copy of new Title Deed after transfer at Land Department (LD), within 30 days from NOC issuance date). 6- Refundable Security deposit of 3,000/- payable in Cash by the Seller (refunded upon the Seller providing the Nil dues DEWA Bill, Clearance letter from Emicool and Confirmation that the Property has been transferred, after transfer of property at Land Department. 7- Fees payable to Dubai Sports City can be accepted (via Cash/Credit Card/Banker s draft/manager s cheque). All fees paid are NON-REFUNDABLE except as otherwise stated. Requirement for system update after transferee receives new deed from the Land Department: Original title deed in the transferee s name or certified copy of deed if property is financed. Passport copies of new owners CIS form duly filled & signed Copy of Memorandum of Understanding between buyer & seller. Applicable even for joint owners. Page 4 of 8 SOAMS/CRW/2017/Prop_Trans/100118

5 NOTES: 1- Property should be clear from unauthorized alteration/ Notice of Violation. 2- Service fees, Security deposits and outstanding payments (including Late Payment Fees) to be cleared. 3- If any payments are made by personal cheque, please add another 3-5 working days for cheque clearance. 5- NOC is valid only for 30 days from date of issuance; once invalid, a new NOC has to be applied for. 5- Transfer will be concluded at the Land Department and is subject to approval by their rules and regulations. 6- Once transferee receives new Title deed from LD, please submit new deed to Dubai Sports City to update system. Page 5 of 8 SOAMS/CRW/2017/Prop_Trans/100118

6 Deed of Adherence THE DEED OF ADHERENCE ( Deed ) is made this.. Day of by the proposed new Owner of the.. BACKGROUND: Unless otherwise defined herein, capitalized terms have the meanings defined in the Declaration. I/We propose to take title to the., located within the Dubai Sports City. Property project at Dubai Sports City in Dubai, UAE. I/We have read and understood the Master Community Declaration for Dubai Sports City at and the VH Community rules as provided to me by the Seller incorporated into this Deed, and I/We agreed to be bound by its terms. I/We hereby undertake to and covenant with the Developer, all owners and all leaseholders to comply with the provisions of, and to perform all the obligations in, the Declarations in respect of the Unit so far as they are due to be observed and performed on or after the date of this Deed. SIGNED AS A DEED BY PURCHASER: Page 6 of 8 SOAMS/CRW/2017/Prop_Trans/100118

7 UNDERTAKING LETTER FOR PAYMENT OF CHARGES Name of the Purchaser: Project:.. Building:. Apartment Number:.. I / We hereby irrevocably undertake that: I / We will pay all Master Community charger and deposits as and when requested by the Owner Association / Dubai Sports City LLC (Developer) after the actual transfer of the Ownership of the property to land Department. I / We will pay all charges towards the Owners Association and when requested by the Owners Association after the actual transfer of the Ownership of the property to land Department. I / We will pay the installation charges, deposits and consumption charges for District cooling / Developer / DEWA / Du / any other Utilities, after the actual transfer of the Ownership of the property to land Department. I / We hereby indemnify the Developer of any future disputes with regard to the same. Page 7 of 8 SOAMS/CRW/2017/Prop_Trans/100118

8 UNDERTAKING LETTER FOR PAYMENT OF CHARGES Name of the Seller: Project:.. Building:. Apartment Number:.. I / We hereby irrevocably undertake that: I / We will pay all Master Community charger and deposits as and when requested by the Owner Association / Dubai Sports City LLC (Developer) until actual transfer of the Ownership of the property to land Department. I / We will pay all charges towards the Owners Association and when requested by the Owners Association until actual transfer of the Ownership of the property to land Department. I / We will pay the installation charges, deposits and consumption charges for District cooling / Developer / DEWA / Du, until actual transfer of the Ownership of the property to land Department. I / We will provide a copy of the Community Rules to the Buyer. I / We hereby indemnify the Developer of any future disputes with regard to the same. Page 8 of 8 SOAMS/CRW/2017/Prop_Trans/100118