Ministry of Interior Warns Against Risks of Installment Sales and Emphasizes Legal Documentation

dijlahpoint - The Ministry of Interior warned citizens about the significant risks associated with commercial installment transactions, urging the necessity of formally documenting all details of buying and selling operations and strictly avoiding verbal agreements. The Ministry emphasized the importance of recording total amounts, installment values, and due dates to protect the rights of both parties. It also called for retaining contracts, documents, and evidentiary receipts, advising against hastily signing any long-term financial commitments before fully understanding their legal terms. The Ministry affirmed that adherence to legal procedures effectively contributes to reducing disputes and commercial fraud.

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Ministry of Interior Warns Against Risks of Installment Sales and Emphasizes Legal Documentation

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23 Sep 2026
1 min read