Formula in other Languages
Issue No.1789- The parties involved in a transaction may pronounce the formula of purchase and sale in any language they know. Hence, if the seller says in English, “I have sold this property in exchange for this amount of money” and the buyer says, “I have accepted it”, the transaction is in order. The same goes for when they pronounce it with other statements that clearly express the same meaning. However, if the formula is not pronounced, but the seller hands over the commodity to the buyer with the intention of selling it to him, and the buyer also takes it with the intention of buying it, it will be sufficient, provided that all the conditions of transaction have been met.