The Public Authority for Real Estate Public Authority for Real Estate has clarified the requirements for concluding and documenting real estate brokerage contracts, and emphasizes the importance of adhering to the documentation of real estate contracts in all transactions related to the real estate sector, to effectively contribute to preserving the rights of all dealers, reducing real estate disputes, and raising the quality of transactions to achieve the growth and sustainability of the sector.

According to an infographic published by the Authority on its social media account “X”, the requirements for the conclusion and documentation of the real estate brokerage contract are as follows. According to an infographic published by the Authority on its social media account "X", the requirements for concluding and documenting real estate brokerage contract are as follows:

• The real estate broker must have a valid VAL license.
  VAL Brokerage and Marketing License or VAL Brokerage and Marketing License for online real estate platforms.

A mediation contract can be concluded between the broker and the buyer/tenant by following the following steps:

The General Authority for Real Estate also explained that a mediation contract can be concluded between the broker and the buyer/tenant by following the following steps:

1. Logging in to the Authority's platform
2. Choose an individual broker, broker or organization
3. Select brokerage contracts
4. Create a new brokerage contract
5. Select the type of second party, buyer or tenant
6. Fill in second party data
7. Fill in the property data required in the brokerage contract
8. Review mediation contract data
9. Send the contract to the second party for notarization