UAE Civil Transactions Law

Article 596

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Four: The Loan Contract

1. If a latent defect appears in the property received under the loan, the borrower shall only be obliged to return its value in its defective condition. 2. If the lender intentionally concealed the defect, they shall be liable for the damage caused by the defect.

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