Real Estate Regulatory Authority (RERA)

Owners

Owners of property are important stakeholders in the new regulated environment. RERA is here to assist owners in understanding their rights, obligations and responsibilities.

RERA continously engages with all relevant stakeholders to exchange views and provide information. and improve its policies.

RERA invites comments and feedback from owners including owners of Common Property developments.
HelpDesk

Unit Owners

Owners of units in common property developments are in reality shareholders in a company. Each owner has a vested interest and ownership in a larger entity where they are living or have invested.

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Owners Associations

The new law changes the way Owners Associations is created. In any new development, the developer is generally in control of the building decision-making process during the construction period. After completion and first sale registration the new owners association is created and the unit owners become members of the association.

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Escrow Accounts

Buying a property off plans can be a risky endeavor. Buyers cannot see the unit they are purchasing nor can they visit the property. Escrow accounts provide a level of protection to buyers.

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