Abstract
In this research, we investigated the guarantee rights of movable properties, in terms of explaining the nature of these rights which are regulated by the UAE legislator “Law No. 4, 2020”, and determining the funds that can be included in such guarantee system. Furthermore, we studied the method that could be implemented to ensure the rights of all included parties. Therefore, we recommended that it is necessary to stipulate the possibility of separating the movable from the real estate without causing damage to either of them, so that the real estate can be fixed by privatization to be a guarantee, and that the UAE legislator sets controls for the meaning of control over the guarantee by the guaranteed person as a way to enforce the right of guarantee against third parties. We concluded that, we recommended issuing regulations that force the guarantor to get insurance against loss or damage which would be an additional mean to ensure his rights in cases of warranty loss.
Recommended Citation
Hassan, Dr. Nasr Aboul Fotouh Farid
(2023)
"Securing Rights to movable Assets in light of Federal Law No. (4) of 2020,"
UAEU Law Journal: Vol. 2023:
No.
94, Article 1.
Available at:
https://scholarworks.uaeu.ac.ae/sharia_and_law/vol2023/iss94/1