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The Ministry of Commerce and Industry has ceased the commercial licenses of owners of real estate brokerage licenses engaged in private activities who operate from home, following the expiration of the grace period it had granted them to correct their status, which ended at the end of last month. The ministry had extended the deadline by an additional month to delay the suspension, emphasizing the importance of rectifying their situation to prevent the enforcement of the suspension. This step is part of efforts to regulate the real estate brokerage profession and prevent virtual practice without an official registered office.
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