UAE Civil Transactions Law

Article 1303

Book Four: Real Securities · Section One: Mortgage · Chapter One: Definition and Creation of a Mortgage

1. A mortgage may only be created over an immovable property that is legally capable of disposition and sale by public auction, or over a real right in rem over an immovable property. 2. The court may annul a mortgage contract if the mortgaged immovable property is not sufficiently identified therein.

WAWhatsAppTGTelegram