A mortgagee may assign their right to another, provided that the debtor's consents and the deed of assignment are registered with the competent authority.
Interpretation and application must be checked against the official text and current version.
TaxUAE Civil Transactions Law
Book Four: Real Securities · Section One: Mortgage · Chapter Two: Effects of the Mortgage · Part One: Effects of the Mortgage between the Contracting Parties · Second: Effects of a Mortgage with Respect to the Mortgagee
A mortgagee may assign their right to another, provided that the debtor's consents and the deed of assignment are registered with the competent authority.
Interpretation and application must be checked against the official text and current version.