Board resolution for the purchase of property
An agreement of purchase and sale for commercial real estate may be entered into and carried out by a corporation with the help of a board resolution. Important explanations and …
Syed Hassan Ali
Declaration of trust vs trust deed
The documents used to lay forth the essential details about the creation of trusts are declarations of trust and trust deeds. They specify who is establishing the faith, who will …
Drafting a Vessel Purchase and Sale Agreement in the UAE: A Guide
The process of buying and selling a vessel in the United Arab Emirates begins with a vessel purchase and sale agreement, which specifies all the conditions and costs of the …
How to use UAE Notarized Document Abroad?
The UAE federal labor Law stipulates that anybody requesting for a residence permit in the UAE, whether they are a foreigner or a national, must first submit an authenticated certificate …
UAE Outsets Issuance of Birth Certificates to Newly-Born Children with Unknown Fathers
Of late, the UAE effected Federal Law No. (10) of 2022, the statute confers a landmark right to children born outside of marriage or a relationship to be legally registered …
How memorandum of understanding (MOU) is beneficial for business?
So, while not forming a formal contract, you are discussing terms with the other side. Establishing a commercial partnership may be facilitated by using a memorandum of understanding (MOU). It …
