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Home » Real estate in Morocco: the digital revolution will protect foreign buyers from fake money order scams
Business

Real estate in Morocco: the digital revolution will protect foreign buyers from fake money order scams

By News Room7 May 20263 Mins Read
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Real estate in Morocco: the digital revolution will protect foreign buyers from fake money order scams
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A long-awaited mini-revolution : “ Real estate in Morocco is gradually being equipped with solid safeguards to secure foreign buyers, in particular with the establishment of this national electronic register on June 1st. », summarizes Hanane Zineddaine, director of the L’Adresse du Kremlin-Bicêtre agency. This modernization primarily targets non-residents, historically the most exposed. Their absence on site to verify a mandate or follow up on a file opened the way to unscrupulous intermediaries.

A rampart with multiple sides

“ This digital revolution is part of a dynamic of enhanced transparencydriven by the professionalism of notaries, who have demanded since July 2025 a tax clearance certifying that the seller has fulfilled his tax obligations », continues Hanane Zineddaine. Moroccan notaries can no longer validate a sale without this sesame. This document, until now little controlled, now limits the situations of post-acquisition litigation. Furthermore, in the event of failure of the notary (illness, unavailability, death), the Regional Order ensures the continuity of the file and the security of the transaction. A guarantee rarely known to foreign buyers, but essential to avoid blocking situations. Provided, of course, that the notary is registered there.

Banks as an anti-fraud barrier

The other major change comes from banking establishments. They now have strengthened their procedures when they finance a real estate purchase: “ before any release of funds into the hands of the notary, the bank carries out rigorous checks thus constituting additional protection against the risks ofscams »warns Hanane Zineddaine. Authenticity of the certificate of ownership, validity of the sales agreement, solvency and compliance of the notary in charge of the transaction, everything is scrutinized before the release of funds by the bank.

The absence of retroactive obligation, precautions to take

A downside remains: old powers of attorney, sometimes several years old, remain valid. The text does not provide for any obligation to re-register them in the new system. Thus, if this register presents itself as a formidable tool for future acts, warrants issued before June 1 continue to circulate. Vigilance is required here. However, these developments mark a strategic turning point: “ Beyond the technical devices, these advances above all reflect a clear desire to structure and make the Moroccan real estate market more reliablethus strengthening the confidence of foreign investors and positioning Morocco as a safer, transparent and attractive destination for investment », welcomes Hanane Zineddaine. By combining digitalization, reinforced controls and institutional supervision, Morocco finally seems to have thearsenal needed to clean up its real estate market and reassure its international buyers.

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