A broker is under a legal obligation to enter every transaction they conduct into a private record. They must maintain all supporting documents and provide true copies to the contracting parties upon request. In cases involving off-plan sales, the b…
A broker is under a legal obligation to enter every transaction they conduct into a private record. They must maintain all supporting documents and provide true copies to the contracting parties upon request. In cases involving off-plan sales, the broker must keep the project plans or models until the transaction is fully completed. These records are subject to inspection by the DLD, which may request statistics and data to monitor the health of the real estate sector.
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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