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Green contract

  • Nov 2, 2016
  • 2 min read

Attention! You can register Green contract in any city in egypt instead of Sharm courts by some ways Green contract is a document issued by the public authorities to the owner of the property. It can be issued to more than one person if you wish. A Green Contract confirms that the property is registered with the state authorities to the holder of the apartment in Hurghada. Thus the state ensures the integrity of your property. The procedure of registration of the property follows the law number 114 of 1964. A Green Contract can be issued in two cities, Cairo or Hurghada. The document must have 7 instances. For its design, the house has to be built, and have a minimum of walls and doors. All houses in Hurghada shall be apart of the state commission. An undelivered house will never be connected to electricity nor water. Making a Green Contract is possible only if the builder has a Green Contract also. Green Contracts require buyers of apartments in Hurghada, in case of real possibility of registration of resident visas. You can draw a parallel with the European text of the Certificate of ownership, just in Egypt are required. Most buyers of apartments in Hurghada have limited registration in court. Buyers of apartments in Hurghada which costs from 300,000 Egyptian Pounds, have the right to obtain a residential visa under Egyptian law. The visa is issued for a period of six months. With a right of extension at 1 year and then at 5 years. The laws of the Arab Republic of Egypt didn't set the terms of obtaining a Green Contract. The property registration process consists of two stages: 1. The unit of the department for real estate registration. 2. Final registration of the property in specialized units of the department for real estate registration. We recall that anyone can a buy property in Egypt without any limitations. In order to purchase property in Egypt, a foreign buyer requires a single documenthttp://en.egyptswis.com/articls/


 
 
 

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