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Request activation of escrow account

Description

This service allows real estate developers to apply to activate the escrow accounts for off-plan real property sold in freehold areas, and to activate the payment method.

The service is provided by the Real Estate Trust Account  Section at the Real Estate Trust Account Development  Department.

Required Documents

1- Ensure the financial efficiency and coverage of the value of the project

2- Technical report not exceeding 4 months

Service Procedures

The Client shall access the Oqood Portal and choose Trust Account System and apply for Request to Activate an Escrow Account .

Service Fee
None
Service Branches

Oqood Portal- Real Estate Developers Portal

Related Services
Additional Information
Last updated 10/02/2019 15:16:04
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