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المشهد العربي
Abu Dhabi Introduces Mortgage Registration Framework
The Abu Dhabi Real Estate Center has adopted a unified operational framework that allows for the registration and recording of mortgage liens on residential units sold off-plan before the actual delivery to buyers. The aim of this framework is to provide an integrated mechanism that combines the sale and purchase agreement with the documentation of the mortgage, while enhancing transparency and protecting the rights of all concerned parties. This does not alter existing financing products or banking standards; rather, it establishes a supportive regulatory structure to facilitate easy and clear registration of mortgages, thereby strengthening the protection of financing parties and increasing confidence in the Abu Dhabi real estate market.
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