Consultation

With reference to Law No. (27) of 2017 Promulgating the Real Estate Sector Regulation Law, and decree No.(41) of 2022 amending provisions with respect to promulgating the real estate sector and after presenting to the executive directors and based on resolution No. (3) of 2022 Regulating the Consultation with the Public and the Concerned Authorities in Real Estate Sector, RERA conducts the consultation in regards to the following draft resolutions for 10 working days starting from Today 9  of January 2025:

• Draft resolution  regarding the Procedures for Prohibiting and Combating Money Laundering, Terrorism Financing and Illegal Cross-border Transfer of Funds in the Business of Licensees to Practise Real Estate Sector Activities, and the Rules for Freezing Funds and Lifting the Freeze and the Prohibition of Dealing with Persons or Entities Included in the Terrorism Lists

• Results and outcome of consulations in relation of the drafted resulation of  amending resolution No. (2) of 2018 provisions regulating Real Estate Development Projects Licenses
•  Result and outcome of consultations in relation to the drafted resolution of licensing of property and common area management, and the draft resolution of the rules of common area management by means other than Owners' Associations,
• Results and outcome of consultation in relation to the drafted resolution regulating the Management of Common Areas optionally by a licensee instead of the Owners’ Association