Quote:
Originally Posted by Safrica
hi. In april i made contact with a seller for a unit in ocean heights on the 56th floor at aed2000 sqft. We met in may in dubai to sort the necessary paperwork at damac offices. The cust relationship manager checked it all out and advised me that all is in order and i can pay the seller. From may to end of july all my mails and messages went unreplied until i had a chat with roshan who put some pressure on the dubai office. (thanks roshan) today i received a email stating that the notary by the seller is not acceptable to there legal department and the lady at damac who advised us that everything is sorted was mistaken. (she has left damac) Is there any law against this? What happens if the seller just doesnt bother to sort out the paperwork? Who is legally the owner of this unit? I an based in south africa and the seller in Malta. How easily would it be to find a seller in dubai for 2000aed sqft and end this nightmare?, Any other suggestions...
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It is always advisbale to pay the money at the time the transfer takes place, not a penny before that.
The seller can change his mind even after an MOU. If the seller does not bother to sort out the paper work, then the name on the contract ( which is his in this case ) is the owner of the property.
Regards
Roshan