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Tracking efforts reduce real estate disputes
Documenting the effort entraps disputes in real estate brokerage, highlighting the importance of recording the details of the brokerage contract from the outset to protect the rights of all parties, especially regarding the commission percentage and the parties obligated to pay. This helps reduce conflicts caused by courts due to lack of proof. It is advised that brokers obtain a license from the Real Estate Authority and document all understandings and amendments, while adhering to official procedures, as the penalty for violations can reach up to 200,000 riyals. Proper documentation is an effective way to avoid legal disputes and ensure the rights of the real estate broker when closing deals.
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