Real estate units required to form owners’ associations

  • Date: 11-Mar-2024
  • Source: Muscat Daily
  • Sector:Real Estate
  • Country:Oman
  • Who else needs to know?

Real estate units required to form owners’ associations

Ministry of Housing and Urban Planning has issued Ministerial Decision No 204/2024 mandating formation of real estate owners' associations.Muscat – H E Khalfan Said Mubarak al Shueili, Minister of Housing and Urban Planning, has issued Ministerial Decision No 204/2024 outlining regulations for real estate owners’ associations.

According to the decision, owners of real estate units are required to form owners’ associations and register these through the Ministry of Housing and Urban Planning’s electronic system.

The objective of forming these associations is to effectively manage and maintain joint property, specify rights and responsibilities of real estate unit owners, and safeguard their interests based on the law.

Additionally, these associations are tasked with developing comprehensive strategy for real estate management and ensuring their implementation.

The decision prohibits owners’ associations from engaging in activities not aligned with their intended purpose.

Additionally, the decision mandates these associations to maintain a register accessible to all property owners. This register must contain the names and data of real estate unit owners, including their contact details.

It is also required to include copies of title deeds and survey drawings of all residential units, plans of common parts of the property, construction completion certificate of the property, and building name certificate issued by the