UAE Civil Transactions Law

Article 1335

Book Four: Real Securities · Section One: Mortgage · Chapter Two: Effects of the Mortgage · Part Two: Effects of a Mortgage with Respect to Third Parties · Third: Right of Tracing

If the price of the sold property exceeds the value of the secured debts, the surplus shall belong to the possessor, and their mortgagees shall be entitled to satisfy their debts therefrom.

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