Q: I am the buyer of a property and I signed MOU with an agency. One of the MOU clauses was “if the property valuation is less than the selling price, then the MOU is null and void”. The valuation came less than selling price and the agency is refusing to give the cheque back. What can I do?

Q: Hi, I have a concern. We have signed a contract with a seller, but it's not an F contract. We signed an MOU, which is an A contract, and the seller has signed the same, which is a B (this comes from the real estate agency). The seller has specified the date of transfer and confirmed his availability to the agent, but the agent didn't inform us as a buyer. The seller raised a complaint in RERA mentioning that the buyer didn't show up to sign the NOC, knowing we, as a buyer, had sent many emails to the agent as follow-ups. However, it was ending up with the same answer from the agent that the seller was not answering his calls and he did not confirm the date to sign the NOC. We went to RERA, and they asked us to solve the issue between us. Now we are waiting for the seller to see if he would like to proceed with the sale. My question is, as a buyer, how to protect ourselves as we have given a deposit cheque to the agent and paid for the conveyance fees and valuation? What is the next step from our side?

Q: I signed an MOU for purchasing a property from the seller. It has now been close to two months, with no progress. The tenant at the seller's property is not allowing time for valuation purposes. And now the seller is saying it's not his problem and is not willing to pay the 10% agreed as per the MOU. There's a specific clause in the MOU as below: "In the event that the 'seller' fails to complete the transfer on the agreed date due to his own act or omissions, then the full deposit will be refunded to the buyer, and also the 'seller' agrees to pay the same deposit amount to the buyer as a compensation for the loss of the said property unless they agreed amicably to different terms or dates."

Q: Dear Sir/Madam, I was cheated by a real estate agent in Abu Dhabi. I paid him 12,500 AED in advance to book a 1BKH. After the payment, the agent asked me to come back after 2 days for the Tawtheeq process, but he kept postponing. As a result, I went to the flat, and to my surprise, someone was already living there. After that, when I tried to contact the agent, he did not respond. Can you please advise me on whom to contact and what the procedure is for filing a complaint?

Q: Dear Sir/Madam, I am a buyer. I signed the property sales contract manually. Then the agent sent the document to the seller, who signed it and sent a snapshot of all the pages. There is no digital contract signed form F. The seller had a bank loan, which he cleared, and was waiting for a relieving letter. The contract's last day has passed. Now he is reluctant to sell. Can I ask for 10% of the amount, as he is not able to provide the documents required for the sales deal?

Q: I signed an MOU for buying a property that is already evaluated and the mortgage paperwork was started by the bank. The seller found excuses for health issues to fulfill the signing required liability letter and buyout documents. The MOU will expire on 23/03/2024. I will request the seller to extend the MOU due to being non-collaborative in providing the documents. "Should this agreement be determined for a non-performance or negligence of any terms of this agreement by the seller, or for any reason attributable to the seller, the seller understands and agrees that the buyer has the right to obtain the security deposit amount. The buyer shall not be entitled to take any further recourse against the seller for any compensation of damages/losses that exceed this amount. The seller shall deliver copies of the SPA, floor plan, statement of service charges, and Title Deed. " If the seller refuses to extend the MOU, do I have any right to claim any compensation due to increased pricing on the market? T.

Q: Dear Lawyers, A buyer backed out of the deal due to low funds, and he is ready to pay the 10% penalty. Am I eligible to claim my 2% commission from the seller?

The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.