Q: I signed a Contract F. The buyer could not arrange funds within 30 days. Now, I have a new buyer… A: If the buyer fails to arrange funds within the agreed 30 days, you may have the right to terminate the contract. However, certain restrictions by the Dubai Land Department (DLD) may apply…

Thank you for reaching out! Based on UAE property laws, if a buyer fails to fulfill their financial obligations within the agreed timeframe in a Form F (MOU), you may have the right to cancel the contract and proceed with a new buyer. However, depending on the terms of your contract and the cancellation process, there may be a cooling-off period or restrictions imposed by the Dubai Land Department (DLD). To determine the exact legal position and ensure that you do not face any issues with the sale, I recommend reviewing your contract and any correspondence with DLD or the broker. I can assist you in verifying your rights and expediting the process legally. Please reach out to me via WhatsApp or phone to discuss your case further. Best regards, Suhail Rana

Can I sign a new contract for my property if the previous buyer not arrange funds?

Questions & Answers

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What can the seller do if the buyer cannot continue with the purchase of property?

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Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai

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