Wise Cat Business Services
Activity
Leasing & Management of Self- Owned Property
Activity Code
6820011
Activity Group
Real Estate
License Type
Professional
Activity Description
Includes firms engaged in managing commercial, residential, industrial buildings owned by the owner and his first and second- degree relatives, 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 real estate Brokerage.
Approval
Real Estate Regulatory Agency approval is required before a license is issued, The copy of title deed showing that the property is under the license owner's name – provision of building completion certificate – minimum of 8 million property evaluation certificate required as per law no. 2/20032