A Broker's Capacity
Type
E-journal
Date
18 May 2016
Jurisdiction
United Arab Emirates
Taxonomy
General Contract Law
Copyright
LexisNexis
Relevant company
Al Tamimi & Company
Analysis
Claim: The Claimant, an individual, filed an action against a local broker (the First Defendant) and a Developer (the Second Defendant) (collectively referred to as “the Defendants”).
Claim
The Claimant, an individual, filed an action against a local broker (the First Defendant) and a Developer (the Second Defendant) (collectively referred to as “the Defendants”). The Claimant requested the Court to order the Defendants to jointly pay the amount of AED 165,710 plus 12% interest, calculated from the date the legal action was initiated until full payment.
Facts of the Claim