RERA is responsible for auditing all revenue and expenditure credited to Service Charges and Usage Charges accounts. To perform this task, RERA may engage certified audit firms recognised for this purpose. Additionally, RERA may not approve a manage…
RERA is responsible for auditing all revenue and expenditure credited to Service Charges and Usage Charges accounts. To perform this task, RERA may engage certified audit firms recognised for this purpose. Additionally, RERA may not approve a management entity's budget unless it has been vetted and approved by a certified audit firm. This dual-layer auditing process ensures that every Dirham paid by an owner is accounted for and that management entities are not overcharging or misallocating community funds,.
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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