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Request for real estate project Cancellation
FAQs

This service allows real estate development companies to apply for deregistration of a real estate project as per a developer's application.

1- An undertaking form to assume obligations
2- notice form

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

1- Ensuring that all settlements are completed with the investors in the project by applying for settlements
2- 15 days must elapsed from the date of the last notice to allow to submit a deregistration application

Free service

Step I: applying via the system indicating the reasons for deregistration
Step II: Filling in and uploading an undertaking form
Step III: Filling in and uploading the notice form 15 days after the last notice date
Step IV: A developer submits and audits the application Via the Developer Self Registration system (TAS)
Step V: Acceptance or rejection of the application if the deregistration requirements are not met
Step VI: When a project deregistration application is accepted, the request is transferred to the bank via the on-line system
Step VII: After completing the bank procedure, the escrow account will be closed
Step VIII: The certificate will be received through the online system

None

The Land Department's website (Real Estate Developers Portal - Oqood) Trust account system

Real estate project deregistration certificate (e-certificate )

15 minutes

• Licensing entities
• Department of Economy and Tourism

Company