Q: I bought a restaurant from the old owner and a trade license transfer was done. The bank said there is an issue in the building and they cannot issue Tawtheeq. The transfer of shop is not completed… A: Yes, you can claim compensation from the old owner since he did not disclose the facts to you…

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I bought a restaurant from the old owner and discovered issues with the trade license

I bought a restaurant from the old owner and a trade license transfer was done.

But when we went to the bank (the bank is managing the building where the restaurant shop is) to transfer the tenancy contract and get the Tawtheeq, the bank said there is an issue in the building and they cannot issue Tawtheeq.

Without Tawtheeq, I cannot renew the trade license and complete the transfer of the shop tenancy contract.

Please let me know if there is any legal action I can take against the old owner and file a case against him as the transfer of shop is not completed.

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Abdelaziz Al Zaabi

Abdelaziz Al Zaabi Advocates & Legal Consultants

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15 Mar 2022, 05:37

Dear Questioner,

Ask the bank if they informed the previous owner, and get proof of that which means you will have evidence that the old owner cheated you so that you can take an action.

If you need our legal assistance, please message us on WhatsApp.

15 Mar 2022, 07:30

The bank has not intimated the old owner in writing (Verbally they have) and the old owner didn't renew the tenancy contract since December - 2021 and said to the bank that the transfer of shop is in process.

Our trade license has expired and cannot renew it since the Tawtheeq is not there.

Please suggest.

15 Mar 2022, 08:07

Okay, so can you send us the sale agreement.

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