Doha, Qatar: Chairman of the Real Estate Regulatory Authority Eng. Khalid bin Ahmed Al Obaidli has praised the issuance of the Cabinet’s resolution on the formation of real estate development dispute settlement committees, stressing that this approval from the Cabinet confirms the state’s support and encouragement for the real estate sector.
He explained that the issuance of this resolution is a complement to the legal framework for the committee to exercise its role in settling all disputes arising from real estate development.
The draft resolution comes in implementation of the provisions of Law No. 6 of 2014 Concerning Regulating Real Estate Development. This committee’s mandate is to adjudicate on an urgent basis, all disputes arising from real estate development in accordance with the provisions of this law.
The State Cabinet, chaired by Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, recently endorsed the draft resolution on the formation of real estate development dispute settlement committees.
The Cabinet’s approval of the formation of real estate development dispute settlement committees confirms the support of the State of Qatar, stimulates the real estate sector, and encourages competitiveness and investment to achieve the Qatar National Vision 2030.
The dispute resolution settlement committee is mandated to adjudicate on an urgent basis, all disputes arising from real estate development, to accelerate the adjudication of pending applications, and to cooperate with the Real Estate Regulatory Authority and the Supreme Judicial Council.
