Dubai system for registering tenancy contracts, formalising the rental relationship.
Related terms
- Encumbrance
A claim or liability attached to a property, such as a mortgage or easement.
- Foreclosure
The legal process by which a lender enforces its mortgage security and sells the property to recover the debt after borrower default.
- Land registry
The official record of land ownership and interests in a jurisdiction.
- Legal opinion
A lawyer's formal written assessment of a specific legal question, such as title validity or enforceability of security; lenders and investors routinely requir…
- Lien
A legal claim over property as security for a debt or obligation.
- Memorandum of understanding (MOU)
A preliminary, usually non-binding agreement outlining intended terms.
- Musataha
A UAE and Gulf right, typically up to 50 years and renewable, allowing the holder to build on and use land owned by another, with the buildings owned separatel…
- Notarisation
Formal authentication of a document or signature by a public notary, giving it legal validity; in the Gulf and Egypt most property transfers must be notarised…