Reference guide
Contract transfer guide
What you need to know about assigning an installment property contract in Egypt: the steps, the approvals, and the costs.
What is a contract transfer (تنازل)?
A contract transfer means a new buyer takes the current owner's place in an existing developer contract, continuing the payment plan and receiving the unit in their name. It happens with the developer and needs their approval; the terms and fees come from the contract and the developer's policy.
What are the steps?
The practical order starts with reviewing the contract and ends with signing the transfer at the developer. Each step's timing varies by developer.
- Review the assignment clause in the contract and its conditions.
- Collect the developer statement and payment history.
- Settle any overdue amounts or due installments.
- Agree the reimbursement amount between seller and buyer.
- Submit the assignment request to the developer and pay its fee.
- Sign and issue the contract in the new buyer's name.
Can the developer refuse the transfer?
Yes. Some contracts block assignment before a certain percentage is paid, and some developers require written approval or a waiting period. There is no single nationwide rule — your contract and your developer's policy govern your case.
Which costs should be counted?
The seller's reimbursement, the amount remaining to the developer, the assignment fee, taxes and stamps, overdue charges, maintenance or club fees, and the 1% buyer platform commission after the transfer completes. Any unknown item stays unknown and is never counted as zero.
Transfer versus cancellation
In a cancellation the developer refunds part of what was paid after a contractual deduction. In a transfer, the owner agrees reimbursement with a buyer. The calculator compares both scenarios with your own numbers and never assumes a figure for you.