Article (34) mandates that every Management Entity must provide a periodic report to RERA. This report must be submitted every six (6) months and detail the management and maintenance works performed in the property. Additionally, RERA can request a…
Article (34) mandates that every Management Entity must provide a periodic report to RERA. This report must be submitted every six (6) months and detail the management and maintenance works performed in the property. Additionally, RERA can request a statement of revenue and expenditure at any time. This reporting requirement ensures that the regulator has up-to-date information on the physical and financial health of every jointly owned community in the Emirate.
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