Activity
Leasing and Management of other people's property
Activity Code
6820001
Activity Group
Real Estate
License Type
Professional
Activity Description
Includes firms engaged in managing commercial, residential, industrial buildings through contracting with the owner in order to re-lease on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage
Approval
A guarantee of 5 million dirhams issued by a local bank in favor of the Department of Economy and Tourism is required before the license is issued