المادة 29: Fund Assets Requirements

Article 29: Fund Assets Requirements

The Fund Assets should include the following conditions:

a) All real estates of the Fund should be owned pursuant to valid title of deeds.

b) All real estates of the Fund that are the subject matter of the investment shall have been approved to be designed and constructed by an official document from the competent body, and for income generating real estate assets the fund manager must have a proof that it is ready for a legal use.

c) The fund manager must ensure the fairness and integrity of the lease agreements for income generating real estate assets.

d) All lease agreements must be legally documented to ensure the rights of all parties.