Agreement to Sell

An agreement to sell is a contract establishing an intention to sell property at a future date, creating an obligation to complete the transaction but not immediately transferring ownership.

StageStatus
Contract dateAgreement signed
OwnershipRemains with seller
RiskUsually remains with seller
Completion dateWhen title transfers
Key DistinctionAgreement to Sell vs Sale
Agreement to sellFuture transaction, no title transfer
SaleImmediate ownership transfer
Remedy for breachSpecific performance or damages
Dubai practiceCommon for off-plan properties


Related Terms

Purchase AgreementSPA Conditional Sale AgreementTenancy ContractContract VariationContract of SaleAssignment of ContractAssignment of Contract

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