Short answer
A sham transaction intends none of its apparent effects. A disguised transaction conceals a different real arrangement, whose rules apply. Actual intentions and conduct determine the distinction.
Practical example
A purely formal sale differs from a real sale documented as a gift. In the latter, price and the concealed sale’s form matter.
What to do
Organise documents, funds, delivery and correspondence. Consider mandatory form and third-party interests. Renaming a transaction to avoid tax or restrictions does not make it lawful.
Legal basis
Georgian Civil Code — Articles 56, 59, 68. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.