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.
1- Ensure the financial efficiency and coverage of the value of the project
2- Technical report not exceeding 4 months
The Client shall access the Oqood Portal and choose Trust Account System and apply for Request to Activate an Escrow Account .
Oqood Portal- Real Estate Developers Portal
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Last updated 19/10/2019 02:35:55 PM
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