We, Humaid bin Rashid Al Nuaimi, Ruler of the Emirate of Ajman,

Having perused the Constitution of the United Arab Emirates;

Federal Law No. 5/1985 promulgating the UAE Civil Transactions Law, and its amendments;

Federal Law No. 8/2018 on Finance Lease;

Federal Law No. 10/2021 regulating Cemeteries and Burial Procedures;

Federal Decree-Law No. 35/2022 promulgating the Law of Evidence in Civil and Commercial Transactions;

Federal Decree-Law No. 42/2022 promulgating the Civil Procedure Law;

Federal Decree-Law No. 50/2022 promulgating the Commercial Transactions Law;

Ajman Law No. 2/2020 regulating Real Estate Development in the Emirate of Ajman;

Ajman Emiri Decree No. 14/2006 on Re-organising the Municipality and Planning Department in Ajman, and its amendments;

Ajman Emiri Decree No. 7/2008 on the Acquisition and Registration of Land Ownership in the Emirate of Ajman;

Ajman Emiri Decree No. 8/2008 regulating Joint Ownership in Real Estate Projects and Investment Buildings, and its amendments;