Everything You Need to Know About Form A – Agreement Between Seller and Broker

In Dubai’s real estate market, transparency and compliance are crucial for successful transactions. Form A, issued by the Dubai Land Department (DLD), plays a vital role in formalizing the relationship between a seller and a broker. Here’s everything you need to know about this essential document.

What is Form A?

Form A is the official agreement between a property owner (seller) and the broker. It ensures both parties understand their roles, responsibilities, and rights throughout the selling process. This form is mandatory under the Real Estate Regulatory Agency (RERA) guidelines.

Why is Form A Important?

1. Legal Compliance: Form A is legally binding and ensures the transaction adheres to Dubai Land Department regulations.
2. Transparency: It clearly outlines the terms of the agreement, leaving no room for misunderstandings.
3. Seller’s Protection: It protects the seller’s interests by documenting all terms of the sale and the broker’s obligations.

What Does Form A Include?

1. Property Details:
• Location, type, size, and title deed number.
• Any existing mortgage or liabilities on the property.
2. Seller and Broker Information:
• Full names and contact details of the seller and broker.
• Broker’s RERA registration number.
3. Listing Terms:
• Whether the agreement is exclusive or non-exclusive.
• Duration of the listing agreement.
4. Sale Price and Commission:
• The property’s asking price.
• Broker’s commission (typically 2% of the sale price).
5. Additional Clauses:
• Conditions for termination.
• Seller’s obligations to provide accurate property information.

How Does Form A Work?

1. Preparation: The broker prepares Form A, including all necessary property and seller details.
2. Review and Signing: The seller reviews the terms and signs the form to formalize the agreement.
3. Submission: The form is uploaded to the Dubai Land Department’s online system (Dubai REST) for official recordkeeping.

Common Mistakes to Avoid with Form A

• Incorrect Property Details: Ensure all property information matches the title deed.
• Ambiguity in Terms: Clearly define the agreement’s duration and whether it’s exclusive or non-exclusive.
• Ignoring RERA Certification: Always work with a RERA-certified broker to avoid legal issues.

Final Thoughts

Form A is more than just a document—it’s a vital part of the selling process in Dubai real estate. By ensuring clarity and compliance, it protects both sellers and brokers while streamlining the transaction. If you’re planning to sell a property in Dubai, reach out to me, and I’ll guide you through every step with professionalism and expertise.