Morocco: real estate developers blacklisted

The National Council of the Order of Notaries of Morocco intends to contribute to the efforts made to “establish contractual security”. In this sense, the organization has decided to establish a blacklist of “undesirable” real estate developers.

The names of promoters “convinced of having caused problems relating to breach of trust by the violation of their contractual obligations both towards notaries and clients” will appear on this blacklist. This blacklist will be generalized to all members of the National Council of the Order of Notaries of Morocco. Enough to contribute to the efforts made to “establish contractual security” in Morocco. “Improving the investment climate is everyone’s responsibility and, as a national institution, the Order of Notaries must make its contribution,” Hicham Sabiry, president, told Hespress. of the National Council of the Order of Notaries of Morocco.