The overview includes contract templates from realLaw AI.
The UAE contract law represents a set of legal rules governing obligations arising from contracts. Contract law primarily governs the creation, interpretation, enforcement and termination of agreements between two or more parties. Therefore, it provides a legal framework for voluntary, mostly commercial, relationships.
There are different types of contracts governed by the UAE law, including:
- Sale contracts that regulate the sale of goods;
- Lease contracts that regulate the transfer of the right to use property for a fee;
- Supply contracts that regulate the delivery of goods in accordance with agreed specifications and terms;
- Service contracts that regulate rendering of services by one party to another;
- Employment contracts that regulate the employee-employer relations, etc.
The UAE Ministry of Justice plays a key role in regulating contract law at the federal level. It issues legislative updates and provides general guidance in resolving contractual disputes. The Ministry also supervises the activities of notaries and cou...