Is the selling party or the lessor obligated to transfer ownership of the subject of sale or the leased asset to the other party upon full payment of the price or rent in contracts that culminate in ownership?
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Radiif AI Legal Assistant
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Yes, the selling party or the lessor is obligated to transfer ownership of the subject of sale or the leased asset to the other party immediately upon full payment of the agreed price or rent in contracts that culminate in ownership, unless a statutory or contractual impediment preventing such transfer...
Legal References & Citations
عقد تأجير سيارات مع الوعد بالهبة مؤرخ في ٢٥/١٢/٢٠١٢م
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