- As per the instructions of the Dubai Land Department, individual Real Estate Agents are UNAUTHORIZED to receive any cash or funds transfer to their personal bank accounts.
- Cash payments must be handed over to the real estate Company Finance Team only or Sales Progression Officers at the real estate agency office.
- Cash payments can also be handed over at the official Trustee’s offices in the UAE in the presence of the real estate agency’s official Sales Progression Officer or Transferred to the official real estate company bank account.
- Trinity Global real estate LLC confirms the subject payments only through electronically generated receipts from our official email info@trinityglobal.ae
For any further assistance or clarification, kindly contact dora_samoodi@trinityglobal.ae
إخلاء مسؤولية عن الدفعات المالية:
- وفقًا لتعليمات دائرة الأراضي والأملاك في دبي، لا يُصرح لأفراد وكلاء العقارات باستلام أي مدفوعات نقدية أو تحويل أموال إلى حساباتهم المصرفي.
- يجب تسليم الإيداع النقدي فقط إلى موظفي قسم المحاسبة في الشركة العقارية أو مسؤولي المبيعات في مكتب الوساطة العقارية حصراً.
- يتم أيضًا تسليم الدفعات النقدية في مكاتب الأمين الرسمية في الإمارات العربية المتحدة بحضور مسؤول المبيعات الرسمي للوساطة العقارية أو تحويلها إلى الحساب المصرفي الرسمي لشركة العقارات.
- اف.ايه.ام للوساطة العقارية ذ.م.م تأكد استلام المدفوعات المالية من خلال الإيصالات التي يتم إنشاؤها إلكترونيًا من البريد الإلكتروني الرسمي للشركة info@trinityglobal.ae
dora_samoodi@trinityglobal.ae للمزيد من المساعدة أو التوضيح، يرجى الاتصال ب
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Whether you are looking to buy or sell, ready/off plan properties (perhaps you’ll do all four) you’ll encounter a lot of paperwork. Whether you are a seasoned investor in the country or new to the real estate market as a whole here is a breakdown of the major contract types you might encounter. A lot of paperwork is involved, but triple checking and understanding the steps will help you protect your property, financial and legal interests. And of course, it will provide assurance and peace of mind to you. All the contracts and agreements outlined below are managed by Dubai Land Departments’ Real Estate Regulatory Agency (RERA). These agreements are sometimes called RERA forms.
Form A – Listing Agreement:
The most common type of RERA form. Every property listed needs an agreement between the seller of the listing and the brokerage/ agent appointed to sell the property. In this agreement, the document outlines the seller\’s details and property details including sale price, commission agreement, service charges, etc. If there is more than one owner of the property, all owners need to sign the listing agreement. According to UAE law, a seller can have a maximum of three agents working simultaneously to advertise one property. Meaning a seller can have three active Form A’s filed at one time. This contract is generated by the brokerage. If the sellers want to terminate the listing agreement with the agent, they must do this with Form U.
Form B – Buyer Agent Agreement:
Form B is the first step when a buyer begins the purchasing process. It outlines the buyer\’s personal details and search criteria. By signing this agreement, the buyer is not committing to buy a property from the agency but rather appointing the agent to act on their behalf. The agent can then attend inspections and auctions. This contract is generated by a broker. If the buyers want to terminate the buyer agent agreement, they must do this with Form U.
Form U – Termination notice:
As mentioned previously if a buyer or seller wishes to end their agreement with the agent and broker, they need to submit a seven-day notice with a reason and a Form U. This will end the Form A/B officially in the proper manner.
Form F – Purchase Agreement:
Form F is the sales agreement. The contract contains all transaction details including the sale price, payment terms, financing, security deposit, condition and details of the property, commission of the agent as well as the seller\’s and buyers\’ details. Both parties will get an opportunity to review and agree to the terms outlined before proceeding. When the document is signed by the buyer and the seller, witnessed and dated by the agents of both parties, the document becomes legally binding. The seller\’s agents will register this contract.
Form I – Agent Agreement:
When two agents work together, such as when a seller\’s agent and a buyers\’ agent work on one transaction: Form I help prevent commission disputes. This contract outlines and clarifies the divide in commissions, which ensures a smooth transaction for the agents and the brokers. It helps maintain professionalism for the buyer and seller too. In order to file the form both agents need to be RERA certified.
Ejari:
Ejari is the UAE electronic system for registering rental contracts, all tenancy contracts must be signed by the tenant and landlord and then registered by the broker. This will protect both parties in the case of a dispute.
Now that you understand the contracts you will be asked to sign, we would love to plan your next steps. Should you have any further inquiries about RERA forms, please get in touch with our advisory team
