The regulations relate to the organization of guarantee accounts for real estate contributions, where the Real Estate General Authority specifies the rules for managing these accounts. The purpose of the regulations is to organize the guarantee funds and ensure that the money is used for specific purposes. An agreement is required between the licensee and the account custodian, with the licensee committing not to disburse the funds except for the specified purposes. The regulations outline the d...
Regulations for the Escrow Account for Real Estate Contributions