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The Commercial Transactions Law allows a broker to claim or retain their commission, if already received, even if the contract is rescinded or annulled, unless fraud or gross negligence on the broker’s part is established. The broker is entitled to remuneration from the person who engaged them as soon as the contract is concluded, even if it is not performed. If the contract cannot be concluded for a reason attributable to that person, the broker may instead claim compensation in an amount determined by the court. The Law takes effect 180 days after its publication in the Official Gazette. A broker forfeits their remuneration and expenses if they harm or defraud the person who engaged them, and may also be liable for damages.
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