Preliminary contract and ownership transfer

The legal provision clarifies that the transfer of property ownership in Egypt does not occur until the registration procedures at the Real Estate Registry are completed. It is not sufficient to simply sign the preliminary sales contract, pay the price, and take possession of the property. The preliminary contract commits both parties to financial obligations, but ownership is only transferred after the registration process is finalized, as it is a fundamental requirement for transferring real rights. Buyers are advised to verify the ownership deed and property details before making full payment, to ensure the legal process is properly completed and to avoid any future disputes.

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