What are buyer's rights when seller backs out of MOU?

Dear Questioner,

The MOU should be reviewed. It will mention the breach of the MOU.

You have many remedies including filing a compensation suit for the same or arbitration to claim compensation if it is mentioned in the MOU.

If you need us to assist you in reviewing the MOU, please provide your WhatsApp number.

Dear Client,

Thanks for your question! I hope you are doing well. I will definitely assist you in this matter.

As a buyer, if the seller backs out of a signed MOU for a townhouse, consider negotiation, filing a complaint with RERA (if the property is in Dubai), consult with us for legal options, seeking compensation for losses, and exploring alternative properties while pursuing remedies.

For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.

We will definitely be happy to help you.

Thanks & Regards,

ABDUL WAHIED

Dear questioner,

The buyer cannot simply back off from an MOU as it is a binding legal agreement.

As long as you fulfill all legal obligations mentioned in the MOU, the buyer should adhere to it.

You can try to settle for some compensation, or you can ask to complete the process until the property is registered under your name.

For more information, please contact us on WhatsApp.

Dear Questioner,

This is not your fault. He definitely saw all the information and signed the MOU.

If he backs down, you have the right to demand compensation according to what the agreement stipulates.

We can help you in this regard.

Contact us for more information.

Dear Questioner,

You can file a case against the seller for breach of the contract and claim compensation of 10%.

However, we need to review the contract to advise you properly.

Please contact us for detailed discussion and assistance.