UAE Civil Transactions Law

Article 1202

Book Three: Original Real Rights (in Rem) · Section One: Right of Ownership · Chapter Three: Modes of Acquiring Ownership · Part Seven: Possession · First: General Provisions

1. Possession shall be transferred from the possessor to another if they agree thereto, and the transferee is capable of exercising control over the thing subject to possession. 2. Possession may be transferred without physical delivery if the possessor continues to hold it for the account of their successor, or if the successor continues to hold it, but on their own account.

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