Therefore,
Real estate dream turns nightmare:
Delays in the delivery of projects. Furthermore, suddenly stopping work, prolonged and unjustified interruptions for various reasons, whether administrative or financial and real estate scams. Moreover, The buyers encounter enormous problems. However, They sometimes lose the deposits they have paid without receiving the property. Consequently, Thus, their dream of becoming owners is struggling to materialize.
Reading: Morocco: a real estate scandal splashing elected officials. civil servants
One of the most serious forms of real estate fraud in Morocco is to sell collective land or non -classified land for construction, let people know injured. Result: buyers are deprived of the right to live or resell. This practice therefore leads to long judicial disputes that consume time and money and weigh heavily on the victims.
Reading: Real estate in Morocco: 100 % commissions
To remove these obstacles. experts propose to strengthen the guarantees imposed on real estate dream turns nightmare real estate developers, by requiring insurance and financial guarantees ensuring the completion of projects and their delivery on time. They also recommend strengthening administrative. financial control of projects in order to ensure that promoters comply with laws and regulations. Another proposal: creation of a unified land register. accessible online to all, allowing buyers to verify the legal situation of the good before its acquisition. This service would limit fraud and give more transparency to the market.
real estate dream turns nightmare — Real estate dream turns nightmare: Delays in the delivery of projects. suddenly stopping work, prolonged and unjustified interruptions for various reasons, whether administrative or financial and real estate scams. The buyers encounte.
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