Thanks to the #new_regulation, people will now feel even safer while buying a #property in the years ahead. • #Buyers #investment will be secured via #escrow accounts • Buyers will be compensated for delayed #projects • Buyers exempted from paying #registration_fees • A clear and documented #ownership will be registered in the #realestate register, recorded in a central government database. • Buyers may also get an official document clarifying their ownership. • Buyers can cancel their purchase of #offplan project in case of 'substantial' prejudice • A 10 year #liability has been fixed for #developers to fix any defect in the #development after #handover Read more on #nwmea #Facebook page. #nationwidemarketwatch (at Abu Dhabi, United Arab Emirates)