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    Who handles the refund process if RERA cancels a project?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    If RERA decides to cancel a Real Property project based on a technical report, the developer must refund all payments received from purchasers. The developer must comply with the procedures found in Law No. (8) of 2007, which involves an audit by a certified auditor. The Escrow Agent or developer is then requested to refund the amounts to the entitled parties within fourteen (14) days of the cancellation. If escrow funds are insufficient, the developer has sixty days to settle the balance.

    Related Topics:

    RERA Cancellation
    Escrow Refund
    Project Audit
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