Article (8) requires a developer to register a completed project in the permanent Real Property Register once the completion certificate is issued. This includes registering units in the names of purchasers who have met their contractual obligations…
Article (8) requires a developer to register a completed project in the permanent Real Property Register once the completion certificate is issued. This includes registering units in the names of purchasers who have met their contractual obligations. If a developer refuses, the DLD has the authority to register the unit in the purchaser�s name on its own initiative or upon the purchaser�s request. This ensures that legal title is transferred promptly once the building is ready for occupancy.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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