Publish dateTuesday 22 October 2024 - 16:40
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Abu Dhabi Real Estate Center (ADREC), the custodian and regulator of the city's real estate sector, said in a statement that significant progress has been made in the settlement center of the institution in the third quarter of 2024.
ADREC Settlement Dispute Centre delivers results in Q3 2024
According to Amac News: According to this announcement, this center has achieved 83% success in resolving disputes.
The additional declaration that out of 969 cases, 808 cases, which include 26% of these disputes, have ended with compromise.
Rashed Al Ameera, Acting General Manager at ADREC, said: "Continued success in dispute resolution shows how we simplify the journey for all parties, make the market more transparent, and provide convenience for investors."
He added: "We are proud to witness the resolution of more cases, which is the cornerstone of our long-term strategy of strengthening cooperation and building trust."
The center's proactive stance by holding 1,934 dispute resolution meetings in the third quarter of this year shows that the center emphasizes a practical approach in resolving disputes.
https://amacnews.com/vdcg.u9qrak97uj54a.html
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