Project Cancellation Upon Request
This service allows real estate development companies to apply for deregistration of a real estate project as per a developer's application.
Step 1: Submit the application through the system and explain the reasons for cancellation after completing settlements.
Step 2: Fill out the undertaking form and upload it.
Step 3: Fill out the announcement form and upload it after 15 days from the date of the last announcement.
Step 4: The developer submits the request and it is reviewed via the self-registration system for developers (TAS).
Step 5: The request is either accepted or rejected if cancellation requirements are not met.
Step 6: Upon acceptance of the cancellation request, the request is transferred to the bank through the online system to close the account.
Step 7: The certificate is received through the electronic system.
1- An official letter requesting deregistration, explaining the reasons
2- Filling in and uploading an undertaking form to assume obligations
3- Filling in and uploading a notice form after 15 days have elapsed from the date of the last notice
4- Filling in the applicant's details
Free service
3 Business Days
1- Submit an official application.
2- Ensure that all settlements with the project’s investors have been completed by requesting a financial report.
3- A minimum of 15 days must have passed since the date of the last project cancellation announcement to be eligible to submit the cancellation request.
1- An undertaking form to assume obligations
2- notice form
DLD website (Real Estate Developers Portal - Contracts) Trust Account System
Real estate project deregistration certificate (e-certificate )
Company
