UAE Civil Transactions Law

Article 198

Book One: Obligations · Section One: Sources of Obligation · Chapter One: The Contract · Part Four: Pillars, Validity, Options, and Types of a Contract · 1. Option of Stipulation

If the option is stipulated for both contracting parties, and one of them chooses to rescind, the contract shall be rescinded even if the other ratifies. If one chooses to ratify, the other shall retain their option for the duration of the option period.

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