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After an initial written agreement between the parties has concluded and the buyer pays the established the price with the seller, the purchaser presents to the real estate registry a request for registration (1 day). This request is then internally transferred in the real estate registry to the to the Egyptian Surveying Authority (ESA) offices of the ministry of water resources & irrigation.
Procedure 2.
Site inspection by the measurement department
Time to complete:
15 days
Cost to complete:
no cost
Name of Agency:
Egyptian Surveying Authority
Comment:
After payment for the inspection, the Egyptian Surveying Authority (ESA) office of the ministry of water resources & irrigation inspects the site, takes the necessary measurements and specifications and prepares a report. Setting a date for inspection and delivery of required items takes 7 days. Visiting the field & developing the surveying report takes 7 days. Returning the results & submitting the documents to the Real Estate Registry takes 1 day.
Procedure 3.
Payment and issuance of the inspection’s report (maqbul)
Time to complete:
21 days
Cost to complete:
no cost
Name of Agency:
Real Estate Registry
Comment:
Then, the report will be approved or refused by the measurement department. The approval is called kashf tahdeed. The approved request is then transferred back to the Real Estate Registry. The Registry will examine the report and issue a final approval called maqbul. The Real Estate Registry offices receives the surveying & delimitation report (KASHF TAHDEED) from the relevant ESA offices & develops the acceptance report (MAQBUL) within 21 days
Procedure 4.
Final contract is drafted and approved at the Lawyers Syndicate
Time to complete:
26 days
Cost to complete:
0.5% property value
Name of Agency:
Lawyers' Syndicate
Comment:
A (final) sale agreement is drafted by the parties on a special form at the Lawyers' Syndicate. A lawyer must ratify the form. The Lawyers' Syndicate reviews the final contract and will approve the contract (mashrua). The contract takes 1 day to be drafted, 1 day to be submitted to the Real Estate Registry office, 4 days to complete the work cycle at Real Estate Registry office & submit the contract to the lawyer syndicate, and finally 20 days to authenticate process at the lawyer syndicate.
Procedure 5.
The buyer obtains the contract from the real estate registry
Time to complete:
2 days
Cost to complete:
EGP 2000 (registration fee)
Name of Agency:
Real Estate Registry
Comment:
The buyer obtains the contract from the real estate registry against payment of fees amounting to 2000 EGP. This registration fee was changed from 3% and capped at EGP 2000 during 2006. Estimating fees at the Registry office takes 1 day and payment of the fees takes 1 day
Procedure 6.
Seller and buyer sign the contract before the real estate registrar
Time to complete:
2 days
Cost to complete:
no cost
Name of Agency:
Real Estate Registry
Comment:
Seller and purchaser must sign the contract before the real estate registrar. The real estate registry reviews the contract again, making sure that payments have been made and that details are correct and will add a registration number to the contract. Visiting the notary office takes 1 day at the Registry office. Visiting the main REPD office for publicity purposes takes 1 day.
Procedure 7.
The buyer picks-up the new contract/title at the Registry
Time to complete:
1 day
Cost to complete:
no cost
Name of Agency:
Real Estate Registry
Comment:
After the registry adds the new registration number to the contract, it is ready to be picked-up by the buyer.