UAE Civil Transactions Law

Article 117

Book One: Obligations · Section One: Sources of Obligation · Chapter One: The Contract · Part One: General Provisions

1. The contract shall be consensual when it is concluded merely by the exchange of consent between the parties by any means whatsoever. 2. A contract shall be formal when its conclusion requires compliance with the form determined by the law. 3. A contract is deemed a real contract when its conclusion is conditional upon the delivery of a specific thing.

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