We, Humaid bin Rashid Al Nuaimi, Ruler of the Emirate of Ajman,

After perusal of Federal Law No. 5/1985 on the Promulgation of the Civil Transactions Law and its amendments,

Federal Law No. 18/1993 on the Promulgation of the Commercial Transactions Law,

Ajman Emiri Decree No. 14/2006 on the Reorganisation of the Municipality and Planning Department in Ajman and its amendments,

Ajman Emiri Decree No. 8/2008 on the Regulation of the Joint Ownership of Real Estate Projects and Investment Buildings and its amendments,

Ajman Emiri Decree No. 11/2011 on the Promulgation of the Financial Law of the Government of Ajman,

Ajman Emiri Decree No. 4/2014 on the Re-organisation of the Executive Council of the Emirate of Ajman and its amendments,

Ajman Emiri Decree No. 7/2017 Concerning the Department of Land and Real Estate Regulation in Ajman,

Ajman Emiri Decree No. 12/2017 Concerning the Real Estate Offices in the Emirate of Ajman,