Under Law No. (6) of 2019, jointly owned property is classified into three distinct categories for management purposes. Category 1 includes Major Projects where the developer is responsible for management and maintenance. Category 2 consists of Hote…
Under Law No. (6) of 2019, jointly owned property is classified into three distinct categories for management purposes. Category 1 includes Major Projects where the developer is responsible for management and maintenance. Category 2 consists of Hotel Projects, which must be managed by a specialised Hotel Project Management Company. Category 3 covers other real property projects managed by companies selected and contracted by RERA. This tiered system ensures that different types of developments receive professional oversight tailored to their specific operational needs and complexity.
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