الترجمة الرسمية الإنجليزية لنظام الوساطة العقارية

Real Estate Brokerage Law

Article 1

For the application of this Law, the following words and phrases shall have the meanings assigned thereto, unless the context requires otherwise: Law: Real Estate Brokerage Law. Regulations: Implementing Regulations of this Law. REGA: Real Estate General Authority. Board: REGA’s Board of Directors. Real Estate Brokerage: Acting as an intermediary between parties in concluding a real estate transaction for a commission. It shall include brokerage conducted through electronic means, such as websites, social media platforms, and the

Article 2

This Law aims to regulate real estate brokerage and real estate services.

Article 3

The provisions of this Law shall apply to any person who practices, engages in, or benefits from real estate brokerage and real estate services.

Article 4

1. Engaging in real estate brokerage or providing real estate services shall not be permissible without obtaining a license from REGA. The Regulations shall determine the license's provisions, conditions, procedures, term, and renewal. 2. The real estate broker may, upon obtaining a license from the competent authority and subject to the

Article 7

1. The brokerage contract must be in writing, and the broker shall deposit a copy thereof with REGA; failure to deposit a copy of the contract shall render such contract unenforceable. The Regulations shall specify the depositing procedures. 2. The brokerage contract must be for a definite term. If the term is not stipulated in the contract, it shall be for 90 days from the date the contract is concluded.

Article 8

The real estate broker may enter into a contract with one or more real estate brokers to broker the real estate subject of the brokerage contract in accordance with