Verifying Project Licensing Through the Wafi Platform
We verify the license number and project status through the official Wafi platform before any financial commitment, since this initial verification protects buyers from risks of dealing with unlicensed or stalled projects.
The Escrow Account and Buyer Fund Protection Mechanism
We clarify to buyers how the independent escrow account the law requires developers to open works, and how this account protects their paid funds from being used for purposes other than the specific project.
Project Licensing Requirements for Developers
We help real estate developers meet complete statutory licensing requirements before starting marketing, including engineering and financial approvals required from relevant authorities.
Drafting Sale Contracts Compliant With the Wafi System
We draft off-plan sale contracts fully compliant with Wafi system provisions, clarifying the payment schedule tied to actual completion stages, and the buyer's rights in delay or stalling cases.
Delayed Delivery and Buyer Rights
The contract and Wafi system provisions determine the buyer's rights in delay cases, and we help buyers claim appropriate compensation or even terminate the contract and recover payments if the delay is serious.
Project Stalling and Its Risks for Buyers
We help buyers harmed by an off-plan project stalling understand their options for recovering their funds from the escrow account, an essential protection this system provides compared to off-plan sales before its implementation.
Unit Specification Disputes Upon Delivery
We help buyers who receive units whose specifications differ from what they were promised in the contract or marketing catalog claim correction or compensation for this discrepancy.
Early Marketing Before Meeting Licensing Requirements
We alert buyers to risks of dealing with projects marketed before meeting complete licensing requirements, and help them verify these requirements before any early financial commitment.
Assigning an Off-Plan Unit Before Delivery
We help buyers wishing to sell or assign their right to an off-plan unit before its actual delivery understand statutory procedures for this assignment, including developer approval and formally updating the new buyer's details through the Wafi platform.
How We Start With You
Send us the project details you're planning to buy from or develop on WhatsApp. We help you verify licensing and protect your full rights per the Wafi system.
Frequently Asked Questions
How do I verify an off-plan project's licensing?
We verify the license number and project status through the official Wafi platform before any financial commitment.
What if the developer delays delivery of the unit?
The contract and Wafi system provisions determine your rights in delay cases, and we help you claim appropriate compensation.
The project I bought a unit in stalled. Can I recover my funds?
Yes, we help you understand your options for recovering funds from the independent escrow account, an essential protection the Wafi system provides.
I received a unit whose specifications differ from what's shown in the marketing catalog. What are my options?
We help you claim correction or compensation for this discrepancy based on the original contract's terms.
We're planning to market a new off-plan project. What are the most important licensing requirements?
Engineering and financial approvals and opening the independent escrow account matter most, and we help you meet all these requirements before starting marketing.
How do I confirm my paid funds are actually protected in the escrow account?
We clarify how this account works and how it protects your funds from being used for purposes other than your specific project.
I want to sell my right to an undelivered off-plan unit. What's the correct procedure?
We help you meet statutory assignment procedures, including developer approval and updating the new buyer's details through the Wafi platform.