Legislation & Regulations

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

Reading time: < 1 Minuteنصت المادة الثانية عشرة من اللائحة التنفيذية لنظام البيع أو التاجير على الخارطة على: يجوز للمطور طلب الصرف من حساب الضمان للمصاريف الإدارية والتسويقية- والمصاريف ... Read more

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
Reconnaissance snippet
Certificate of Accreditation Saudi Real Estate Institute
Riyadh - Business - Localization of real estate activities and professions
Real Estate Registration Authority Logo
Off-plan sales projects - Real estate transactions
Saudi Capital Market Authority - Real Estate Contributions
Residential program
Residential program
Free housing unit
White Land Fees Program
Ministry of Municipalities and Housing
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