Legislation & Regulations

How does a real estate developer dispose of surplus off-plan sales projects?

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The regulation regulates the withdrawal of surplus after the approval of the competent authority and the contractor and consultant reports, with a ceiling of 20% for non-construction expenses and retention of 20% and 5%.

16/05/2024

Off-plan sales projects - Real estate transactions
Reporting Municipal Violations
Neom project
Mr. Majid bin Abdullah Al-Haqeel
Saudi Contractors Authority - Contracting Industry
Public Authority for Real Estate
White Land Fees Program
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