Qatar Trade Law No. 27/2006 Thursday, 24 March 2011 01:44

The seller may after warning the buyer demand the difference between the agreed price and the price of re-sale if the price is not paid on the date agreed upon.

If the sold item is a good which has a known price in the market, then the seller may ask the buyer for the difference between the agreed price and the price on the day fixed for implementation.

The buyer may pay the price before the term, unless otherwise agreed upon. The agreement or custom will determine what to be deducted from the price against the payment before the term.

If the agreement or the custom didn’t determine a place or time for the delivery of sold item then the buyer has to receive it at the place where it is existed at the time of sale and transport it without delay, except to the extent of time required by the .transportation.

The seller shall bear the expenses of delivery of sold item unless there is any agreement or custom to the contrary.

If the buyer refused to receive the sold item then the seller may deposit it with the secretary and sell it at auction after a reasonable period which he shall determine and notify about the same to the buyer without delay. The perishable things may be sold at the auction without any such notification.

If the sold item has a known price then it may be sold practically with this price at the hands of a broker.

The seller has to deposit the sale proceeds in the court treasury, without prejudice to his right of reducing the price and all expenses of deposit and sale.

Chapter II

Some types of commercial sales (125-164)

5.2.1 - Section I

Installment sale (125-130)

The installment sale is a type of credit sale in which prices are paid partially in periodic installments and the installment becomes due after the receipt of the sold material.

The specifications that specify the identity of the sold item, amount of the price and the terms of installment must be explained in the contract of installment sale.

If the price was due to be paid in installments and the buyer didn’t pay one of the installments then it is not allowed to nullify the sale if it became clear that he had paid the three-quarters of the price at least.

If the seller retained the ownership of the transferred sale item until the payment of the price of all installments then the buyer will get this ownership with the payment of the last installment and he will bear the risk of loss of the sold item from the time it was given to him. Without prejudice to the provisions set forth in the chapter. The condition of retention of the ownership shall not be implemented on others unless the same is written in a paper with a fixed date and prior to the emergence of the right of others, or on implementation of actions taken by the creditors on the sold item.

The buyer could not dispose of the sold item before the payment of all installments unless the seller in writing approves the same. Every act conducted by the buyer for the others violating this provision shall not be effective against the seller unless it is proven that the alienee knew at the time of the disposition about the nonpayment of the entire price.

The seller, at buyer’s disposal in the sold item, prior to the payment of the entire value of installment, and without his consent, may ask the buyer to pay the remaining installments immediately.