Q: I'm going to transfer residential property in Ajman from an individual owner. What are all the things that need to be verified before the transfer? A: Verify the authenticity of the title deed and ensure there are no outstanding mortgages or legal disputes. Conduct a comprehensive inspection…

Ajman, UAE

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Transferring property from an individual owner. What verifications are needed?

Dear Lawyers,

I'm going to transfer residential property in Ajman from an individual owner.

What are all the things that need to be verified before the transfer?

Please advise!

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Ahmed Ali Ahmed

London Center for Legal Consultancy Office

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28 Feb 2024, 17:39

Hello,

You should check with the property owner and find out if there are any amounts owed on the unit.

Contact the municipality to find out whether the unit is registerable or not.

29 Feb 2024, 02:49

Thank you for your response!

I have a home finance loan from DIB Bank (Dubai Islamic Bank) that is approved, and I have the final offer letter for property transfer.

If it's a bank mortgage, then the bank should have checked the background of the property, right?

Kindly advise on this, please!

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Khaled Alghaithi

Skills Legal Consultants

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29 Feb 2024, 06:40

Good morning,

Verifying the ownership of the property and writing the sales contract in a legal manner that guarantees all rights, as well as completing the transfer procedures at the Land Department.

We can help you through the whole process.

Please contact and visit us at our office to better assist you with this.

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Abdul Wahied Mohammad Sharief

Dar Al Haqooq Legal Consultancy

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2 Mar 2024, 14:37

Dear Client,

Thanks for your question! I hope you are doing well. I will assist you in this matter.

Before transferring residential property ownership in Ajman, verify the authenticity of the title deed and ensure there are no outstanding mortgages or legal disputes.

Conduct a comprehensive inspection of the property to assess its condition and compliance with regulations.

Address any outstanding dues or liabilities associated with the property and review the sale contract carefully with us to protect your interests throughout the process.

For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.

We will be happy to help you.

Thanks & Regards,

ABDUL WAHIED

2 Mar 2024, 14:52

Thank you for your response!

I have a home finance loan from DIB Bank (Dubai Islamic Bank) that is approved, and I have the final offer letter for property transfer.

If it's a bank mortgage, then the bank should have checked the background of the property, right?

Kindly advise on this, please!

2 Mar 2024, 14:55

Dear Questioner,

Yes, when a bank provides home finance or mortgage loans, they typically conduct due diligence on the property, verifying its legal ownership and suitability as collateral.

Receiving a final offer letter from DIB indicates that the bank has likely completed background checks and is satisfied with the property's eligibility for financing.

Review the offer letter carefully and seek clarification from the bank if needed.

2 Mar 2024, 14:59

Thank you very much for your prompt response!

I will contact you on WhatsApp.

3 Mar 2024, 13:40

Is it fine Sir? shall I go to property transfer without any doubts and issues? because i have seen owner's title deed which matches his emirates Id and plot details correct. I have confirmed this. Remaining checks like the liabilities, bills or fines and legal ownership must have been checked by Bank because of Home Finance. Kindly Please advice.

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