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1948 questions · Page 13 of 163
General
Once a developer obtains a completion certificate, the Escrow Agent is required to retain five percent (5%) of the total value of the Escrow Account. These retained funds act as a security…
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A broker is strictly prohibited from marketing any real estate project that is not yet registered with the DLD. If a developer wishes to use a broker for marketing, they must first ensure t…
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A landlord may legally increase the rent by five percent (5%) of the current value only if the rent is between eleven percent (11%) and twenty percent (20%) less than the average rental val…
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Under Article (2) of Law No. (6) of 2019, a Sub-developer is defined as a person licensed to conduct development and dispose of units to others. This article specifies that such a person is…
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Yes, if an owner defaults on their share of Service Charges, the competent execution judge at the RDSC has the authority to order the sale of the unit by public auction. This measure is tak…
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Yes, Article (11) explicitly states that the administrative procedures for termination do not prevent a purchaser from having recourse to courts or arbitration. This is specifically allowed…
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If a property is likely to collapse, the landlord can request the tenant to vacate. To enforce this, the landlord must provide a technical report that is either issued by or certified by th…
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When a complaint is filed against an Owners Committee or a Management Entity, RERA is empowered to investigate the matter and take necessary actions. If there is a dispute regarding the Rea…
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Article (10) permits a mortgagor to sell or donate a mortgaged unit only if they obtain the Mortgagee's approval. The purchaser must also agree to take over all obligations of the mortgagor…
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Brokers wishing to market off-plan projects must conclude a formal agreement with the developer and register it with the DLD. The broker is strictly forbidden from depositing any part of th…
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To admit an appeal regarding financial claims, the judgment debtor is required to deposit half of the judgment amount with the RDSC until the appeal is determined. This requirement serves a…
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Article (33) empowers RERA to inspect jointly owned property to verify its suitability for intended purposes. RERA can record violations and serve notices on developers or management entiti…
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