Yes, a broker is liable for any loss or damage suffered by the contracting parties as a result of their fraudulent act or deceit. This liability also extends to losses caused by the broker's failure to observe the rules found in the Bylaw or the Cod…
Yes, a broker is liable for any loss or damage suffered by the contracting parties as a result of their fraudulent act or deceit. This liability also extends to losses caused by the broker's failure to observe the rules found in the Bylaw or the Code of Ethics. Because brokers are expected to act with professional accuracy, any misinformation that leads to financial harm can result in legal claims for compensation before the competent judicial authorities in Dubai.
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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