Business | Property
Abu Dhabi implements property bylaws
The Abu Dhabi Department of Municipal Affairs has started implementing bylaws of law No 3 of 2005 issued by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, to regulate property registration in the emirate.
Abu Dhabi: The Abu Dhabi Department of Municipal Affairs has started implementing bylaws of law No 3 of 2005 issued by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, to regulate property registration in the emirate.
Dr. Jua'an Salem Al Daheri, chairman of the department, said the property law and its bylaws are issued to keep pace with Abu Dhabi's comprehensive development. The bylaws were issued after taking into consideration the public interest and consulting with related parties, he said.
"In their terms and regulations, the bylaws aim to regulate property registration affairs in the emirate. They include terms and definitions of property activities and parties concerned along with their jurisdictions and responsibilities," he said.
The bylaws also stipulated the assignments and specialities of the property registration department and property register, which include attestation of signatories, search memos and transaction certificates, conditions and terms of selling and buying properties.
Business Editor's choice
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
-
Banks can increase their share
Longer opening hours, more locations outside cities and lower charges can help
-
Geepas idea blossomed in Dubai
The journey led from a small shop in Bahrain to a $1.27b company in the UAE


