MOU (Memorandum of Understanding)

التعريف

ينشر فريقنا الاستشاري هذه الإجابات التفصيلية باللغة الإنجليزية.

A non-binding preliminary agreement that outlines the principal terms and conditions of a potential property transaction before a formal Sales and Purchase Agreement is drafted. MOUs are often used in off-plan sales to secure buyer intent while developers finalize unit specifications. While non-binding, MOUs create moral obligations and conditions for moving to the SPA.