Legislation_en

Article (13)
1. As of the effective date of this Resolution, the net area of the Real Property Unit
will be adopted for the purposes of registration in the Property Register and will be
calculated as determined by the Department.
2. Any area in excess of the net area of the sold Real Property Unit may not be taken
into consideration. Unless otherwise agreed, the developer may not claim the value
of such extra area.
3. The developer must indemnify the purchaser if the area of the Real Property Unit is
less than the agreed area by more than five percent (5%) of the net area of such unit.
4. The indemnity payable to the purchaser where the percentage of shortage of the
net area exceeds the percentage prescribed in paragraph (3) of this Article will be
calculated based on the price of the Real Property Unit as agreed in the relevant
contract between the developer and the purchaser.
5. For the purposes of application of this Article, the net area of a Real Property Unit
set out in the sale agreement and the plan of such unit will be taken as the basis for
calculation of any extra area or shortage in the area of the Real Property Unit.
Article (14)
If any dispute arises between the developer and the purchaser, the Department
may attempt conciliation to preserve their contractual relationship and may propose
solutions for such purpose as it may deem fit. If the Department concludes an amicable
settlement, such settlement must be confirmed in writing by an agreement executed by
the developer and the purchaser or their respective representatives. Upon confirmation
of such agreement by the Department, it will become binding upon both parties.
Article (15)
In any case where the purchaser breaches any of his obligations under the Real Property
Unit sale agreement concluded between the purchaser and the developer:
a. The developer must serve a notice on the purchaser to fulfil his contractual obligations,
either by appearing in person before the Department or in writing by registered mail or
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