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Sort out disputes

Friday, July 03, 2009

Source: Catherine Deshayes

The Government in Ajman will soon introduce a committee equipped to quickly deal with property disputes...

Omar al Barguthi, the Director General of the Ajman Real-Estate Regulatory Authority (ARRA), said, "This committee will be looking exclusively at real estate conflicts that have arisen due to a party not meeting his contractual obligations."

"The committee will be formed of five members nominated by the Executive council and headed by an experienced judge assigned by the ministry of justice," said Mr Barguthi.

"Any person can file a case there. Whatever this authority decides will be implemented and go into effect. It will be faster and cheaper than going to the court."

Although demand for property in Ajman has waned over the past few months, the emirate has a potentially bright future, with a number of new developments being constructed across the city, presenting potentially good long-term property investment returns.

Source: www.homesoverseas.co.uk/news