UAE Civil Transactions Law

Article 1418

Book Four: Real Securities · Section Three: Privilege · Chapter Two: Types of Privilege · Part One: General Privileges and Special Privileges over Movables

1. Without prejudice to the special provisions on commercial matters, the seller of a movable shall have a privilege on it for the price and its accessories. This privilege shall remain as long as the movable retains its individuality, without prejudice to the rights acquired by a bona fide third party. 2. The privilege referred to in Paragraph (1) of this Article shall rank subsequent to the previously mentioned privileges over movables. It shall be enforceable against the lessor and the hotelier if it is proven that they had knowledge of the seller's privilege at the time the movable was placed in the leased property or in the hotel.

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