Questions & Answers
Questions & Answers
3 available 3 • View allCan I get my money back from the seller after a mistake by them and the MoU will expire?




1
Q: Dear Sir/Madam,
I'm a buyer and came to the final stages of the process, all cheques have been issued and shared.
I was pushing developers about NOC (the seller takes things very slowly), and they realized a big mistake in the documents, the Dubai Land Department gave us a Title Deed instead of a Pre-Title Deed.
The bank prepared all cheques through that. Our MoU expires in a couple of days. We offer the seller to extend the MOU to provide documents.
So whose fault is it?
If the seller decides not to continue with the process and not renew the MoU, what would be my rights here?
Can I get back my cheques and be covered by the seller legally?
Thank you





Mar 7, 2024
201
The seller did not proceed with the transaction. Can the buyer claim the 10% fine?




1
Q: Dear Sir/Madam,
Form F was signed between the seller and the buyer; however, the seller did not proceed with the transaction, resulting in its failure.
The contract stipulates that if the seller breaches the deal without reason, they are obliged to pay a fine of 10%.
Can I, as the buyer, take legal action?





+3
May 28, 2024
465
What can I do with the property seller who failed to do the transfer as per the MOU?



3
Q: Hello,
I signed a contract Form F with the seller through an agent on 1st Aug 2023. He was supposed to finish the transfer on 16th October but he did not do the transfer.
The property was 90% completed at the time of making the contract and he assured us that in one month he would finish the property. I sent him the legal notice on 16th Oct 2023 which is the last date of the MOU.
After the date of expiry of the contract, he is demanding more money. We agreed verbally on the new price but still, he avoids making a new MOU.
He puts all the clauses in his favor removing the main clause that if he backs out, there will be no penalty.




Nov 23, 2023
277
Legal blog
1 available 1 • View allContracts 101: Official Agreements to WhatsApp Messages 2
An interview-format article covering the topic of contracts in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
Mar 3, 2021
1154
Laws & Regulations
1 available 1 • View allFederal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
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.
Dec 15, 1985
148521

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