Best Mortgage Lawyers in Muscat

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Founded in 1775
5,000 people in their team
Arabic
English
Welcome to Addleshaw Goddard - an international law firm, almost 250 years in the making. We're trusted by over 5000 major organisations, including 51 FTSE 100 companies, to solve problems, deliver deals, defend rights, comply with regulations and mitigate risk.Our work spans more than 50 areas of...

Founded in 1987
50 people in their team
Arabic
English
A look at our officesFinding the best defense attorney for you, your family or your business is a big step. Choose our law firm if you believe that truth, integrity and trust in your attorney are essential.We are a client-focused law firm. Everything we do is purposeful, and aimed at achieving the...

Founded in 2000
50 people in their team
Arabic
English
Welcome to Tariq Al-Kiyumi Lawyers & ConsultantsThe company was established to offer legal services. Our slogan Is trust, truth, exactness, skilfulness and keeping high level of secrecy between the company and Its clients. Our target is having a commitment with the legal profession ethics...
Bait Al Qanoon
Muscat, Oman

Founded in 2019
50 people in their team
Arabic
English
At Bait Al Qanoon our friendly team are always available to give their support and expertise. We donโ€™t pretend to be experts in everything we do,  but we excel at delivering in core specialist areas - Corporate/Commercial; Crime; Dispute Resolution; and Employment. Why do clients choose...
Mohammed Al Nuaimi
Muscat, Oman

Founded in 2002
50 people in their team
Arabic
English
Introduction:Welcome to Mohammed Al-Naimi Advocates and Legal Consultations, where legal excellence meets client satisfaction. This booklet serves as a guide to understand our values, services, and commitment to delivering exceptional legal solutions. Mohammed Al Naimi Advocates and Legal...
THE W LAW FIRM
Muscat, Oman

Founded in 2010
50 people in their team
Arabic
English
Founded in 2010 by Mohamed bin Salem Al Wahabi, a distinguished legal practitioner.Our strength lies in the fact our law firm is made up of people from across different continents. As a result, we seek to attract, develop, and retain the best lawyers and empower them to reach their full potential...

Founded in 2019
50 people in their team
Arabic
English
We are known for understanding perplexed complex matter during inception stage of negotiation. Each & all matter is overlooked by a partner.We are committed to be the Fastest Premium legal service provider in Oman. We have served as legal counsel to matters that have received landmark...

Founded in 1979
50 people in their team
Arabic
English
AMJ is a globally-ranked, independent law firm with world class capability established in Oman for over 40 years. We combine a distinctive partner-led, proactive and pragmatic approach with high calibre legal expertise to help clients to address their toughest legal challenges and to achieve their...
Dr. Saif Al Rawahi
Muscat, Oman

Founded in 2000
50 people in their team
Arabic
English
Urdu
Hindi
ABOUT USOur reputation for quality legal work has made the firm most dynamic and an integral part of the legal landscape of the Sultanate of Oman and across the world. The quality and standards of the firm are set and preserved by the highly qualified legal experts having extensive experience and...
Al Alawi & Co.
Muscat, Oman

Founded in 1982
50 people in their team
Arabic
English
ABOUT AL ALAWI & COAl Alawi & Co. is led by Founder and Senior Partner, Ali Khamis Al Alawi. Having originally established his individual legal practice in 1982, he was a founding partner of Al Alawi and Mansoor Jamal & Co before establishing Al Alawi & Co as a full service and...
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About Mortgage Law in Muscat, Oman

Mortgage law in Muscat, Oman governs the process of borrowing money to buy a property, where the property itself serves as security for the loan. It is important to understand the legal implications of entering into a mortgage agreement to protect your rights as a borrower or lender.

Why You May Need a Lawyer

You may need a lawyer for various reasons related to mortgages in Muscat, Oman. Some common situations where legal assistance may be required include reviewing mortgage agreements, resolving disputes with lenders or borrowers, understanding your rights and obligations under the law, and navigating the legal process in case of foreclosure.

Local Laws Overview

Key aspects of local laws in Muscat, Oman that are particularly relevant to mortgages include regulations on mortgage agreements, rights and responsibilities of borrowers and lenders, procedures for registering a mortgage, foreclosure laws, and legal remedies available in case of default.

Frequently Asked Questions

1. Can a foreigner apply for a mortgage in Muscat, Oman?

Yes, foreigners are eligible to apply for a mortgage in Muscat, Oman, subject to certain restrictions and requirements imposed by the government.

2. What is the typical mortgage term in Muscat, Oman?

The typical mortgage term in Muscat, Oman ranges from 5 to 25 years, depending on the lender and the specific terms of the mortgage agreement.

3. What are the costs associated with obtaining a mortgage in Muscat, Oman?

The costs associated with obtaining a mortgage in Muscat, Oman may include application fees, valuation fees, legal fees, and stamp duty on the mortgage agreement.

4. Can I refinance my mortgage in Muscat, Oman?

Yes, it is possible to refinance your mortgage in Muscat, Oman to take advantage of lower interest rates or better terms offered by other lenders.

5. What are the consequences of defaulting on a mortgage in Muscat, Oman?

If you default on your mortgage in Muscat, Oman, the lender may initiate foreclosure proceedings to recover the outstanding debt by selling the mortgaged property.

6. Can a lender change the terms of a mortgage agreement in Muscat, Oman?

A lender cannot unilaterally change the terms of a mortgage agreement in Muscat, Oman without the borrower's consent, unless specified in the original agreement.

7. Are there any government programs to assist homeowners facing financial hardship in Muscat, Oman?

Yes, the government of Oman offers various programs to assist homeowners facing financial hardship, such as loan modification, payment assistance, and refinancing options.

8. How long does the mortgage registration process take in Muscat, Oman?

The mortgage registration process in Muscat, Oman typically takes a few weeks to complete, depending on the workload of the relevant government department and the complexity of the transaction.

9. Can I transfer my mortgage to another person in Muscat, Oman?

Yes, it is possible to transfer your mortgage to another person in Muscat, Oman, subject to approval from the lender and compliance with the terms of the original mortgage agreement.

10. Do I need a lawyer to review my mortgage agreement in Muscat, Oman?

It is recommended to have a lawyer review your mortgage agreement in Muscat, Oman to ensure that your rights are protected and that you understand the terms and conditions of the agreement before signing.

Additional Resources

For more information and assistance with mortgages in Muscat, Oman, you can contact the Ministry of Housing, local law firms specializing in real estate law, and mortgage brokers or lenders in the region.

Next Steps

If you require legal assistance with a mortgage in Muscat, Oman, you should consult with a qualified lawyer who specializes in real estate and mortgage law to guide you through the process, protect your rights, and help you achieve the best possible outcome in your situation.

Lawzana helps you find the best lawyers and law firms in Muscat through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Mortgage, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Muscat, Oman - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.