UAE Civil Transactions Law

Article 1337

Book Four: Real Securities · Section One: Mortgage · Chapter Three: Extinguishment of the Mortgage

1. A mortgage shall be extinguished upon the full extinguishment of the secured debt. 2. If the cause of the extinguishment of the debt ceases to exist, the mortgage shall be reinstated as it was, without prejudice to the rights of bona fide third parties acquired between the extinguishment of the right and its reinstatement.

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