New Batch of Qatari Real Estate Brokers Licensed

Doha: A new batch of licensed Qatari real estate brokers took the legal oath before the Real Estate Brokers Affairs Committee at the Ministry of Justice. It included 10 brokers between individuals and real estate brokerage companies. Since the Ministry of Justice has activated Law No. (22) of 2017 regulating real estate brokerage work, the license of this batch comes within the executive procedures of the provisions of the mentioned Law. It aims to advance the real estate brokerage work into an organized legal environment that keeps pace with the country's economic and urban development and the vast expansion of its real estate sector. This objective needs to reorganize the real estate system to achieve Qatar National Vision 2030 goals. Assistant Undersecretary for Real Estate Registration and Documentation Affairs and Chairperson of the Real Estate Brokers Affairs Committee Saeed Abdullah Al Suwaidi welcomed the new licensed batch. He stressed the Ministry's keenness to advance the real estate brokerage pr ofession in line with the objectives of the Qatar National Vision 2030, due to its direct impact on the national development process, given that the real estate sector is one of its main pillars. Al Suwaidi stressed the need to deal with licensed brokers; because of the importance of this to protect the rights of different parties. He warned against dealing with unlicensed brokers due to relevant legal risks. He pointed out the need to adopt contract forms for real estate brokers in buying and selling transactions to ensure the rights of dealers and brokers. The new real estate registration law also adds more facilities and services that can be obtained through real estate brokers licensed by the Ministry of Justice. This step comes within the framework of the efforts of the Ministry of Justice to reorganize the real estate brokerage profession, and to work in accordance with the provisions of Law No. 22 of 2017 regulating real estate brokerage work, in a way that serves the national economy, developing wo rk mechanisms in the real estate market, and qualifying Qatari office owners and brokers working in the brokerage profession. The license for this batch came after completing the specific regulatory procedures under the provisions of the law, which include interviewing applicants for the profession's work, inspecting their offices, ensuring their compliance with the requirements for practicing the profession, and participating in specialized training courses at the Legal and Judicial Studies Center. The Real Estate Brokerage Department receives and sorts the applications and organizes the required training courses, in coordination with the Training Section at the Legal and Judicial Studies Center, to ensure that the applicant to practice the real estate brokerage profession obtains all the professional and legal requirements to carry out his role in this sector in an optimal manner. As part of its plan to train and qualify real estate brokers, the Department of Real Estate Brokerage, since the law went int o effect, has implemented an integrated plan that includes training and qualification, activating the executive procedures of the law, including organizing visits to offices operating in the sector, and nominating applicants to practice the profession for training courses that are subject to licensing controls. Source: Qatar News Agency