Gulf Insider
The Board of Directors of the Real Estate General Authority (REGA) has approved the Real Estate Marketing and Advertising Regulations, pursuant to the Real Estate Brokerage Law. This is aimed at enhancing transparency and safeguarding stakeholders within the real estate market. Under the new regulations, the use of the names of government entities in real estate marketing is strictly prohibited. The advertising license will be revoked if it is found that its validity has expired or used in a manner inconsistent with its stated purpose, or it contains misleading or inaccurate information. Under the regulations, it is prohibited to directly or indirectly defame others; publish or promote false or misleading information or data; issue a real estate advertisement without a license; include a contact method in the advertisement other than that provided by the applicant when applying for the advertising license; use the name, logo, or identity of REGA or any other government entity without legal justification; or publish an advertisement containing descriptions that contradict reality or misrepresent the true nature of the property. Violators shall be subject to the penalties set forth in the schedule of violations and penalties under the Real Estate Brokerage regulations. The new regulations govern […]
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