Emaar Offers Commisions on Sales With Credit Notes

September 29, 2009 by admin  
Filed under Luxury Houses For Sale

Emaar  has incorporated a new clause in its local agent agreement, offering a commission for any sale transacted using its credit notes, a real estate agent told Emirates Business. The ongoing saga of replacing deposits that investors have paid on canceled projects with “credit notes,” takes a new twist as people become more desperate to offload these poison pills.

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