Gifted or Grant Property Registration
December 20, 2023
The process of registering was quite challenging in past but now the modern technology has made it very much easier. Nevertheless, if you are stuck in such a situation, this article will simplify the process of registering the gifted property in United Arab Emirates. It further assists you in getting all the necessary information much needed while registering the gifted property successfully in Dubai.
Understanding the Concept:
Gifted property also requires registration just like normal property. It needs to be fully documented and does involve a systematic procedure. Besides, the gifted property registration requires the official transfer of property ownership from the giver. The giver is also called as donor, and, the receiver is also called the Done.
There is a proper legal process involved that is crucial for establishing the clear and legal status of the gifted property. The land documentation is essential. For instance, if it is a generous act or any other solid reason, it needs to be registered. Gifting can take place within families or friends and even among unrelated parties.
Legal Framework:
- The Legal Protection is given to the gifted property in Dubai. It paves the way towards ensuring their rights, responsibilities, and interests are safeguarded.
- It leads to the Clarity of Ownership. The registration process in Dubai will provide clarity about property ownership. It will officially recognize and declare the recipient as the property owner in Dubai.
- The registration results in Regulatory Compliance in Dubai. Dubai has a set of specific regulations that govern the property transactions on the land. Besides, registering the gifted property will ensure compliance. Further, it will also prevent legal complications.
- Furthermore, it will enhance its overall marketability. This paves a way to enhance long-term value. In Dubai, there is a proper authority named Dubai Land Department (DLD).
- They are responsible for overseeing the property transactions. It also includes the gifted property registration. There is adherence to the legal framework that is established by the DLD. It is essential for a successful registration process of gifted property transactions.
Required Documents:
There is a need to initiate the gifted property registration process in the UAE. To serve this purpose they need to gather the following documents and paperwork:
- For Individuals, there is a separate set of documents needed for registration purposes. It requires a no-objection e-certificate. It is obtained from the developer via the Dubai REST Application.
- There is a need for Proof of paternity for married couples. This certification needs to be translated into a certified marriage contract. Moreover, it also needs to provide the Proof of paternity for children.
- They also need to provide papers including identity proof which is UAE ID. It is available to United Arab Emirates Citizen. For non-resident foreigners, a copy of their passport is needed. Alongside this, the Legal Power of Attorney needs to be submitted if applicable.
- For UAE Citizens there is a need for a Marriage contract or family booklet extract. It includes the following UAE company registration requirements for unregistered entities.
The Application:
Once all the documents are arranged then phase comes of gifted property registration to Land Department.
- The Verification Process is organized by The Dubai Land Department. It carefully reviews all the submitted documents and papers. They arrange thorough property examination. It is done to ensure compliance with regulations and legality.
- Therefore, the verification procedure is crucial which is pertinent to authenticate and legitimate the transaction.
- The relevant authority called DLD will issue the Title Deed of the property-related transactions. After the successful verification, a new title deed is issued by Land Department. It is issued in the recipient’s name. It officially recognizes them as the property owner.
- Transfer Fees are also charged in this aspect. The property ownership transfer in Dubai incurs various kinds of fees. It also includes the property registration fees along with the administrative charges. Typically, the recipient is the one who will bear the transfer fees.
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