Questions & Answers
The property mortgage was rejected and the seller refused to cancel the MOU
Dears,
I was trying to buy a house in Dubai using a mortgage loan. I signed an MOU with the seller.
Unfortunately, the mortgage defaulted and I didn't get the expected loan amount. I requested for MOU cancellation, but the seller rejected and sent me a Notarial Notice to start legal action against me and to encash the cheque.
What should I do?
Should I hire a lawyer and prepare for legal defense?
Thank you in advance dears.

We need to review the MOU in order to advise if the deposit amount can be considered a nonrefundable deposit or not.
Regards,
Sayed Abdalla

Hello,
As per your query, please note that as the loan got canceled and the seller did not cancel the MOU, you can take legal action against the seller through a police complaint, criminal case, and also civil case.
Please call or e-mail us.
Disclaimer- The above-referred view is not a legal opinion, these opinions cannot be challenged or presented before any court of law.