Leasing & Management of Self- Owned Property

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.

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