Ministry of Commerce announces the adoption of a unified guiding contract for the sale of off-plan real estate units

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The Ministry of Commerce, represented by the off-plan sales program, announced its adoption of a unified guiding contract for the sale of real estate units on the map, in order to preserve the rights of the real estate developer and the buyer.

The contract includes a package of obligations between all parties such as like-for-like payment, guarantees on concrete and insulation works, electrical and plumbing works and technical defects, as well as preventive and remedial maintenance and restoration works for the sold real estate unit and the building in which that unit is located, in addition to taking into account the specified time periods between the two parties, and the rights and duties in case of failure to comply with them.

The Ministry of Commerce, represented by the off-plan sales program, announced the adoption of a unified guideline contract for the sale of real estate units on the map. <The Ministry of Commerce had previously announced the contract to discuss it with specialists and receive feedback on it before adopting it. This is based on its keenness to improve the organization of the sale of real estate units on the map and preserve the rights of all parties to the contract, including real estate developers and buyers, by being guided or working with it. To obtain the contract formula, go to the website