UAE Civil Transactions Law

Article 1419

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

Co-owners of a movable, if they divide it, shall have a privilege thereover as security for the right of each to have recourse against the others by reason of the partition and to recover what has been awarded to them therein by way of equalization payment. The co-owner's privilege shall have the rank of the seller's privilege, and where both privileges coexist, the one earlier in date shall take precedence.

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