Under Law No. (6) of 2019, the previous legal structure of Owners Associations was updated. All rights and obligations that belonged to these associations before the law's effective date were officially transferred to the Management Entities. Furthe…
Under Law No. (6) of 2019, the previous legal structure of Owners Associations was updated. All rights and obligations that belonged to these associations before the law's effective date were officially transferred to the Management Entities. Furthermore, all developers and existing management bodies were given a six-month grace period to comply with the new regulations. This transition was designed to professionalize property management by shifting responsibility from informal owner groups to licensed, RERA-regulated management companies and developers,.
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