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Old 31-10-2007, 10:57 AM
islam pearson islam pearson is offline
Junior Member
 
Join Date: Oct 2007
Posts: 1
Default Usufruct

Salaam Ali kum.

Hi , I am a new member, just getting into the understanding of Egyptian law!


myself
i am a English man who converted to Islam 12 years ago (al hamdullah).
i have family who live in Cairo and Alexandria. Whom I’m related to though my mothers sister marriage.


My need to understand the law.
I’m looking to invest in Egypt, Cairo, Alex and sharm.
i have read and understood your post on sharm property law, (very well put together)


My Question is about the Usufruct law, when you buy a property you have a 99 year hold on this, but what happens when you sell it, dose the next owner start with a new 99 year usufruct contract or do they take the remainder of the time the first owner had on it?

What is the case for buying second hand property?

I hope i have explained my question adequately.
look forward to hearing you response.
Islam Pearson
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