What should I look for in the Sale and Purchase Agreement SPA

The SPA is the most critical document. You should verify the payment schedule the anticipated completion date the project details and the plot size. It is also important to check the clauses regarding delays force majeure and termination. While stan…

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The SPA is the most critical document. You should verify the payment schedule the anticipated completion date the project details and the plot size. It is also important to check the clauses regarding delays force majeure and termination. While standard SPAs from major developers like Damac are non negotiable and regulated it is crucial to understand your obligations and the developer's deliverables before signing to avoid surprises later.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

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