A Real Property Broker is a person or entity that provides a service under an agreement to find another party to conclude a real estate contract. They represent their client in negotiations in return for a commission or fee. In Dubai, brokers must b…
A Real Property Broker is a person or entity that provides a service under an agreement to find another party to conclude a real estate contract. They represent their client in negotiations in return for a commission or fee. In Dubai, brokers must be registered in the Brokers Register maintained by the DLD and must adhere to a strict Code of Ethics. They act as trustees for any amounts delivered to them and are liable for damages resulting from fraud or negligence during the deal.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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