Transfer of ownership of real estate under construction

Abstract

Abstract: The great development witnessed by the world in the field of construction and building and the rise in the housing crisis as well as the rise in prices in residential buildings, which increased the difficulties of purchasing these buildings, which led to the diversity of types of contracts concluded to purchase residential units still under constructio and pay them in a periodic manner paid on specific dates, and this was the result of the government's inability to provide safe housing for citizens, which prompted the private sector through investment to build residential complexes and sell them to citizens, and this is done by concluding investment contracts between the investor and the National Investment Authority and granting an investment license.