Finance Ministry sets new rules for transferring ownership of chalet to heirs
The aim is to streamline the inheritance process, preserve state property rights, and ensure fair and organized use of family chalets and rest houses in accordance with Kuwaiti law and financial regulations.
The Minister of Electricity, Water and Renewable Energy, Minister of Finance, and Acting Minister of State for Economic Affairs and Investment, Dr. Subaih Al-Mukhaizeem, has issued a new decision outlining the rules, conditions, and procedures for transferring ownership of rest houses (chalets and land plots) from deceased owners to their heirs.
According to Article 1 of the resolution, the Ministry of Finance will apply its existing rules and regulations governing the use and exploitation of rest houses, plots of land, or chalets, allowing it to directly conclude exploitation contracts with the heirs to continue the same family activity.
Under the new framework:
— The Ministry of Finance will follow the established regulations concerning the use of rest houses or chalets, enabling the ministry to sign a direct usufruct (exploitation) contract with the heirs for the same purpose — as a family rest house.
— A majority of the heirs using the property may submit a request to the Ministry of Finance to divide (separate) the property. The request must include an engineering plan approved by the majority of the heirs and prepared by a licensed engineering office. The ministry will then notify the remaining heirs of the request, granting them a two-week period to respond.
— Following notification of the heirs — If all heirs agree to the request, the Ministry of Finance will complete the necessary technical and administrative steps to finalize the division; If not all heirs agree, the ministry will grant them two additional weeks to reach a mutual agreement.
If no consensus is reached, the ministry will refer the case and the engineering plan submitted by the majority of heirs to a “Sorting Committee” to proceed with the required technical and administrative actions.
— The Ministry of Finance will coordinate with Kuwait Municipality to inspect the chalet land plot, review and approve the plan, and provide a technical opinion on the division process.
— A “Sorting Committee” will be formed by a decision of the Minister of Finance, which will define the number of members, their powers, and operational procedures. The committee’s decisions will be final and binding.
— Once the sorting decision is issued, the Ministry of Finance will contact all heirs to pay the required sorting and usufruct fees and to sign new licenses for the rest houses or chalet plots and take possession of their designated portions.
Heirs will be given a two-month grace period to complete payment and licensing procedures. Any heir who fails to comply within this period will have their license revoked, and the allocated portion of the property will be withdrawn.
This resolution aims to streamline the inheritance process, preserve state property rights, and ensure fair and organized use of family chalets and rest houses in accordance with Kuwaiti law and financial regulations.
Follow The Times Kuwait on
X, Instagram and Facebook for the latest news updates
