THE NEW MOLLAK SYSTEM IS DESIGNED TO COMPLEMENT THE ARRANGEMENTS OF LAW NO. (27) OF 2007 CONCERNING JOINTLY OWNED HOME DECLARATIONS (JOPD) IN THE EMIRATE OF DUBAI As Well As ITS POLICIES.
MOLLAK is created especially to aid real estate stakeholders, including residential property designers, owners, capitalists, Owners Organizations as well as Organization Managers to follow all RERA enrollment and monitoring demands. Dubai has actually been introducing the world with its design as well as the pace of real estate development as well as master area developments over the previous years and also MOLLAK will proceed this introducing spirit by giving a unique online system to produce ease and also openness in the real estate market.
MOLLAK, means “Owners” in Arabic. MOLLAK is an innovative, digital online solution established by RERA for the purpose of signing up owners associations creating part of Jointly Possessed Building. The brand-new MOLLAK system mirrors the arrangements of Law No. (27) of 2007 concerning Collectively Owned Property Affirmations (JOPD) in the Emirate of Dubai as well as its guidelines.
With the launch of significant developments as well as projects in the real estate field of Dubai and also specifically, residential communities with usual residential property, during the past ten years, the MOLLAK electronic system has actually been developed as the initial phase to fulfill enrollment as well as policy needs for owners associations and proprietors organization management business. The MOLLAK system raises the enrollment as well as law procedures associated with the real estate industry to the following degree, as well as supplies a full portfolio of digital services aimed at protecting and also safeguarding the legal rights of individual events as well as companies in the real estate industry.
The primary aim of MOLLAK is to give an on-line registration and support system to interested parties who are handling Collectively Possessed Residential Property in the Emirate of Dubai.
MOLLAK has actually been created to help Developers, Owners Organizations and also Association Managers to satisfy their regulative needs, by providing a simple as well as effective means of registering organizations, updating all pertinent documents and renewing enrollments.
MOLLAK offers the adhering to internet assistance services:
( a) Registration of Owners Associations
( b) Enrollment of Monitoring Business and staff
( c) Enrollment of Management Agreements
( d) Various other… Proprietor Organization monitoring software application
Management of Owners Organizations is a really specialized industry that requires not just the right skills yet likewise the right devices. Any software program to be utilized for the monitoring of Proprietors Associations Must ERES accepted.
NUF Chartered Accountant is one of only a few services providers who are catering their client to provide MOLLAK services
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