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Dubai court has ruled in favour of a property owner, ordering a buyer to pay Dh1.54 million under a deposit-retention clause after she withdrew from completing a real estate transaction.
The Dubai Court of First Instance (Real Estate Division) confirmed the termination of the sale agreement and directed the buyer to cover the amount, in addition to court fees, legal expenses, and lawyers’ fees.
for more, visit : https://thelawreporters.com/dubai-court-property-deal-deposit-forfeit-buyer-default
#legalnews #realestatetransaction #terminationofthesaleagreementDubai court has ruled in favour of a property owner, ordering a buyer to pay Dh1.54 million under a deposit-retention clause after she withdrew from completing a real estate transaction. The Dubai Court of First Instance (Real Estate Division) confirmed the termination of the sale agreement and directed the buyer to cover the amount, in addition to court fees, legal expenses, and lawyers’ fees. for more, visit : https://thelawreporters.com/dubai-court-property-deal-deposit-forfeit-buyer-default #legalnews #realestatetransaction #terminationofthesaleagreement0 Comments 0 Shares 7 Views 0 Reviews
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