Verify legal protections before buying abroad
The article covered a panel discussion organized by the Al-Duway family on the risks of real estate investment fraud outside Bahrain. During the session, cases were reviewed where citizens suffered financial losses due to purchasing properties and apartments based on attractive promotional offers. The attendees emphasized the importance of verifying the identity of companies, licenses, and legal documentation before investing, especially through licensed Bahraini firms. They also highlighted the necessity of consulting lawyers and legal advisors to ensure investors' rights are protected. Additionally, it was pointed out that responsibility is shared between investors and the violating entities, and that awareness and due diligence before signing contracts are vital to safeguarding rights and minimizing losses resulting from real estate scams.
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