Can real estates be sold at auctions?
آخر مراجعة
Yes, the real estates can be sold or presented in the auction with the approval of the landlords or their legal proxies under a valid and duly certified power of attorney (its issuance date shall not exceed two years).
The court's award is sufficient if the auction is in execution of a judgment issued in a lawsuit. In case of a minor, a NOC of the sale must be issued by the competent authority (Awqaf and Minors Affairs Foundation).
In case of selling a real estate off plan (on a map), the DLD must be provided with a NOC of the sale issued by the competent authority (the developer).
هل ما زلت غير متأكد من مدى انطباق ذلك عليك؟
لكل صفقة تفاصيل لا تغطيها الإجابات العامة. اطرح سؤالك على وسيط عقاري ينجز صفقات مماثلة أسبوعياً.