In a significant regulatory move within the Egyptian real estate market, the Financial Regulatory Authority issued a new Property Title Insurance document, enabling insurance companies to provide coverage against ownership-related risks.
The document aims to protect buyers from legal defects in property title deeds that were unknown at the time of purchase, helping reduce future legal disputes.
This insurance document represents an important addition to market protection mechanisms, enhancing transparency and strengthening trust between all parties involved in real estate transactions.
The Authority confirmed that the coverage includes compensation and expenses arising from ownership disputes that may appear after the purchase, ensuring the buyer’s legal rights are safeguarded.
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