Abu Dhabi has introduced a new package of regulatory decisions to strengthen governance across its real estate sector, reinforcing investor protection and transparency at a time when the emirate’s property market is posting record growth and attracting rising foreign participation.
The reforms, announced by the Department of Municipalities and Transport (DMT), implement amendments to the emirate’s real estate law and introduce clearer rules governing escrow ****, jointly owned properties, owners’ committees and compensation procedures linked to cancelled off-plan projects.
for more, visit : https://thelawreporters.com/ab....u-dhabi-real-estate-
#legalnews #emiratesrealestatelaw #compensationproducedure
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