To: Real Estate Brokerage Firms Greetings,
Subject: Marketing real estate properties from abroad
RERA extends its warmest regards and thank you for your cooperation.
In reference to the abovementioned subject, we would like to inform you that all real estate brokerage offices desiring to promote and advertise real estate properties from abroad shall adhere to the following:
1. Duly obtaining a marketing permit from RERA through (Trakheesi) Systeme
2. A copy of the Marketing Contract executed between the brokerage firm and the propertye ownere
3. A copy of the title deed attested by the UAE Embassy, Ministry of Foreign Affairs, ande translated into Arabic by a certified translatore
4. A letter from the concerned country mentioning the mechanism of property ownership.
Important Note:
The broker is not entitled to issue Sale Contracts or receive any amounts from the client whether for reservation or against the value of the real property.The purchaser shall ensure the legal procedures in the country of the concerned party and shall inspect the property before executing a contract, and before paying any amounts. In ...