Funds in a Service Charges account may only be used for ten specific legal purposes. These include paying for cleaning services, security, and safety within the property. They also cover th…
A Building Management Regulation is a document entered into the Jointly Owned Real Property Register stating maintenance procedures. It outlines the specific procedures for maintaining Comm…
The Owners Committee acts as a critical link between residents and authorities regarding building safety. They are specifically required to notify the Management Entity or RERA immediately…
A Service Charges Account is a bank account that a Management Entity must open for each Jointly Owned Real Property with a bank recognised by RERA. All service charges collected from owners…
An Owners Committee is a body constituted from amongst property owners to represent their interests. Its primary duty is to verify that the Management Entity maintains the Common Parts corr…
2025 marks a maturity phase because the market is no longer driven by speculation but by fundamental economic growth and population increase. The regulatory framework is robust the infrastr…
If a judgment is issued against a person who was not duly represented in the claim, it qualifies for an appeal regardless of the monetary value. This also applies in cases where the service…
Liquidity comes from end user demand. Investors should look for floor plans that include a powder room for guests proper storage space or a laundry room and bedrooms that can fit a king siz…
If a tenant fails to vacate after the twelve (12) month notice for the owner's wish to sell, the landlord can file an eviction claim at the RDSC. Provided the notice was served via Notary P…
When a broker receives amounts, securities, or bonds for safekeeping or delivery to another party, they are legally deemed a trustee. The broker must return or deliver these items exactly a…
Under the current legal framework, all rights and obligations held by the former Owners Associations are transferred to the Management Entities. This succession ensures that the building�s…
A Master Project involves the development of vacant land through constructing infrastructure and common service facilities. The land is subdivided into residential, commercial, or mixed-use…