The
'Property Transfer' refers to the transfer of property from the
Seller's name to the Buyer's name. This will take place within 14 days
of the Listing Close date. The Buyer must have paid all of
the required deposit and property transfer documents signed. The
Seller will receive payment for the sold property. The Buyer will
typically receive their copy of the Purchase and Sale agreement
between 24 to 48 hours if they have effected the transfer in person.
If the transfer was conducted through a Power of Attorney it will
take 7 to 10 days to have the Purchase and Sale documents couriered.
Listing
times are based on GMT standard time. You may view the property's Listing Close
date from its property details page.
Due
to certain circumstances, the Buyer or Seller may not be able
to make arrangements to sign the transfer documents within 14
days of the Listing Close. If such a scenario arises, DubaiPropertyAuctions
must be contacted within 48 hours of Listing Close. Any requests
for an extension of the date of property transfer will be dealt
with on a case-by-case basis. Every effort will be made to expedite
the property transfer in the most timely and convenient fashion for all
parties involved.
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