A mortgagee shall be responsible for keeping the mortgaged business assets in good condition.
Interpretation and application must be checked against the official text and current version.
TaxUAE Commercial Transactions Law
Book One: Trade in General · Part Two: Business Assets, Trade Name, Unfair Competition, Trademarks and Commercial Data · Chapter One: Business Assets, Trade name and Unfair competition: Section One: Business Assets: Article (36)
A mortgagee shall be responsible for keeping the mortgaged business assets in good condition.
Interpretation and application must be checked against the official text and current version.