Document background
The Official Bill of Sale is a fundamental legal document used in the United Arab Emirates to document and formalize the transfer of ownership of property between parties. This document is essential for compliance with UAE Federal Laws, including the Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993). The document is used across various transactions, from simple personal property sales to complex commercial transfers, and may require notarization depending on the nature and value of the property. An Official Bill of Sale typically includes comprehensive details about the parties involved, property description, purchase price, payment terms, warranties, and specific declarations required under UAE law. It serves as crucial evidence of ownership transfer and can be required for various regulatory and registration purposes within the UAE.
