Any person or firm conducting a real property activity, including brokerage, that breaches the specific terms of the license issued by RERA is subject to a fine. The administrative fine for this violation is AED 50,000. This penalty ensures that bro…
Any person or firm conducting a real property activity, including brokerage, that breaches the specific terms of the license issued by RERA is subject to a fine. The administrative fine for this violation is AED 50,000. This penalty ensures that brokers do not exceed their authorised scope of work or engage in activities they are not specialised in. RERA�s auditors monitor these activities to protect the market's regulatory integrity and the interests of the public.
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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