UAE Commercial Transactions Law

Article 111 — Article (111)

Book Two: Commercial Obligations and Contracts · Part Two: Commercial Sale · Chapter two: Certain types of Commercial Sales: Section one: Sale by Installment: Article (111)

An instalment sale contract shall be drawn up in two copies and shall state the specifications identifying the sold commodity, the price, and the period and terms of instalment payment. The seller shall deliver one copy of the contract to the purchaser.

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