Dear Zeiad,
Thanks for your comprehensive answers (post #140 of this thread), they make those aspects more clear. I'd ask couple more questions, if you allow:
1. What is time required to perform formalities - both land registry vs "Signature validity" case? Regarding official registration, I spotted terms like 6 month, 1 year, 2 years quoted on the net. I know that it's unwise to be too optimistic about speed of such bureaucratic matters, but on the other hand 2 years is way too long either!
2. This question was recently sounded by another forum member too: does official registration impose extra constraints besides 5-year resale moratorium? For example, some additional conditions on rent?
3. This is more applied question, but maybe you can suggest something. As far as I understand, typical PoA already includes clauses regarding representation of customer for installation of electric and water meters - without them, an apartment of course hardly can be called finished, but their installation apparently must be done on owner's behalf.
Well, what about a telephone connection (I mostly concerned with Internet of course)? I guess, in Egypt underlying cabling infrastructure is maintained by the state telecom, and also requires strict paperwork? So, can - and should - provisions of telephone connection be added to purchase contract/PoA to avoid long delays with Internet connectivity after an apartment is otherwise ready for use, but goes thru registration procedures?
Thanks!
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