Conditions Required for the Possibility of Suspended Transfer of Property Ownership upon Payment of the Price in Investment Housing Complexes: A Comparative Study

Abstract

Investment housing complexes are an attractive option for a large segment of society. However, purchasing residential property within these complexes involves several legal details that buyers need to understand and consider. One of the most important details is the conditions for suspending the transfer of ownership of the residential property, which are primarily linked to the payment of the unit’s price. The specific conditions for suspending the transfer of ownership vary from one contract to another and from one housing complex to another. Nonetheless, there are some general conditions found in most contracts, such as the agreement between parties on the payment method. Additionally, the payment must be clear and acceptable to the residential property buyer, as well as being written and lawful. This research aims to clarify the purpose of these conditions, which ensure that the investor receives full payment before transferring the ownership of the residential property, while also protecting the buyer’s rights and ensuring that the buyer receives the property according to the agreed-upon conditions.