Law of Real Estate Registration

1. The competent authority shall have jurisdiction over real estate registration; it may seek the assistance of government agencies or assign private entities to undertake any related competencies in accordance with the terms and conditions determined thereby. 2. The competent authority shall establish the real estate register, supervise all matters pertaining thereto, and carry out all relevant procedures. 3. The competent authority shall verify the accuracy of the data of the real estate and of any associated rights and obligations, as stated in the real estate register, as well as any related deeds and documents. 4. The competent authority shall conduct all survey works required for real estate registration in accordance with the Regulations and national geospatial standards approved by the relevant authority. Without prejudice to relevant laws and regulations, modern survey methods, including aerial and satellite imagery and other technologies, may be used in conducting such works. The Regulations shall specify relevant procedures. 5. The competent authority shall be the exclusive owner of the real estate register and its data. It may invest said data for commercial purposes and make it available to beneficiaries at fair prices that promote development, as specified by the Regulations. Chapter 3: Real Estate Register