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Al-Aqar Authority alerts on unlicensed property deals
The General Authority for Real Estate continues to warn against engaging in real estate transactions with unlicensed parties, emphasizing the importance of verifying the official license before completing any deal or transferring funds. It pointed out that failure to verify exposes participants to risks of financial fraud and misleading advertisements, and threatens the integrity of real estate operations. The Authority urges all participants to use the official electronic platform to verify the license of the practitioner or entity before signing contracts or making any payments.
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