Attestation of sale contract of commercial establishment

DC:Record ' Description of Notary Public Services:Other Contracts
This service allows customers to attain a duly attested sale contract of commercial establishment.
Companies, Local citizens and expatriates have right to apply for this service.
This service requires legal capacity of contacting parties and the physical presence of the service applicant or his representative with attested  Power of attorney,  or any duly attested legal documents, to sign before the notary public.
This service also requires to produce the share quotas list.
This service is provided by the Attestation Division at all the branches of notary public Department.
Yes
15-12-2016
Terms and conditions 
1. The parties of the contract should attend personally or one who presented them legally of religionally.
2. The parties of the contract has capacity and authorization to do contract.
3. The documents which need to be certified should be official and the one which issued outside country should be certified from; the foreign affairs for that country,UAE embassy in that coutry, UAE foreign affairs and it should be translated into Arabic by lagal translations and certified it form ministry of justice or notary public.
4. Payment of  legal fees.
5. Agreement should include the following information:  a) name of parties, their nationalities and place of residence,  b) Date of Sale  c) type of commercial establishment, serial number of trade or professional license, name and addresses of the establishment, d) the agreed elements included in the sale e) Cost value of each and every material and immaterial elements individually and the partial payment made at the signing of the agreement, mode of payment of outstanding value, f) terms and conditions concerning the agreements and undertaking related to the establishment, if any. g)terms and conditions related to preserving of seller's right in termination or cancellation and good will, if any.
6. Include the following clause: (The ownership of the establishment will not be transferred between the parties or to a third party until  the registration of sale in the commerce register and issuance of its summary in 2 local Arabic daily newspapers in two issues in alternative weeks, post to expiration of term specified for any objection to sale
7. If the agreement  was written in other language,  it should be translated into Arabic by legal translator and attested on each page.
Required Documents
1.Produce Emirates ID card and for non-resident passport  of each party (original and copy),
2.Preliminary approval of concerned authority and license.
3.Produce the original documents to prove parties? capacity and copies thereof  .
Service Fees 
Description
Amount
1. Attestation of signatures on a document  valued less than AED 100,000 is  AED 300 for the signature of each concerned  party
300 dhs
2. Attestation of signatures on a document valued more than AED 100,000 Is 0.5% of the document, maximum  fee charge AED 15,000
1 dhs
3. Attestation of signatures on a document of undefined value AED 200 for the signature of each concerned  party
200 dhs
4. Attestation of the document  before  General  Notary Public is .AED 300 for every page of the document
300 dhs
5. Application of  additional copy of the document AED 5 for every page of the document
5 dhs
6. Postponed completion of the transaction after registration upon request of the concerned parties is AED 500
500 dhs
7. Entering transaction data electronically by the Notary Public.AED 100 for the signature of each  party
100 dhs
8. Knowledge fee
10 dhs
Access Channels
Access Channel Type
1.Web
2.Over the counter
Delivery Channels
1.Web
2.Over the counter
Customers
G2C
G2B