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تقييم الخدمة

Adding real estate brokerage contracts to the real estate broker's registry

Purpose of service

Adding brokerage contracts to the real estate broker's registry in accordance with Law 110/ 1982

Place of service

  • Maarouf - Sixth of October - Tenth of Ramadan - Alexandria - Port Said - Damietta - Eastern Suez - Menoufia - Ismailia - Arish - Tanta Investors Complex in the Investment Authority
  • Chambers of Commerce (Alexandria - Kafr El Sheikh - Tanta - Damanhour - Sohag - El Arish)

Conditions for obtaining the service

First, the conditions required to be met in the real estate brokerage contract

  1. The real estate brokerage contract must include the following:
    • The nature of the work of the real estate broker (brokerage - brokerage - real estate marketing) and his appointment as a real estate broker by the client
    • Liability of the parties to the contract
    • The prescribed commission, the terms of its payment, and the type of currency in which it is paid
    • Specifically for geographic area
    • Specifically for the service scope, which is to determine the specifications of the real estate or services subject to the mediation contract
    • The principal’s ownership of the real estate, the trademarks it bears, or the services subject of the real estate brokerage contract
    • In the event that a third party owns these real estate or the trademarks that bear them, the contract must include
      • Third Party Consent to Principal's Use of the Trademark
      • Giving the third party to the client the right to appoint a third party
    • If the contract was issued by a foreign company or entity
      • The contract must include the commitment of the foreign company or entity to provide the competent Egyptian consulate with each agreement that includes an amendment to any statement of the contract data.
  2. If the contract was issued locally by a client (sole proprietorship or company of persons or funds)
    The contract must be notarized by the real estate registry
    If the contract was issued locally by a client (public sector company)
    The contract must be stamped with the company's Republic logo
    If the contract was issued by a foreign company or entity
    The contract must be attested by the competent chamber of commerce or the official body acting on its behalf in the country of the foreign client and certified by the Egyptian consulate or embassy in the country of the foreign client

Secondly, the conditions to be met by a person acting on behalf of a real estate broker

  1. He must be Egyptian
  2. He is entrusted under an official power of attorney documented by the real estate registry
  3. If the person acting on behalf of the real estate broker is among the employees of the government, public bodies, public institutions or local government units
    His employer must agree to represent the real estate agent before the authority

Required Documents

  1. Complete the application to add the contract, signed by the concerned employee, who has the right to manage and sign, or the agent
  2. A copy of the national ID card or passport of the applicant and the original for viewing
    If the applicant is an agent for the facility or company, the following documents are required from him:
  3. A copy of a notarized power of attorney from the real estate registry with a review of the original (only a second agent is accepted)
  4. Complete the declaration of validity of the power of attorney (original)
  5. If he is a government employee, public authority, public institution, or local government unit, he submits a letter from his employer that there is no objection to that authority for the employee to perform proxy work for others and that he has taken an unpaid leave
  6. An official certified copy of the real estate contract that fulfills the conditions for registering the real estate brokerage contracts (as previously mentioned in the item “First of the conditions required for the real estate brokerage contract”)
  7. If the contract was issued by a foreign company or entity and in the foreign language only, it shall be submitted:
    The original translation of the real estate brokerage contract according to the established rules regarding translation
  8. If the real estate is owned by the principal and is not expressly provided for in the real estate brokerage contract, one of the following documents shall be submitted:
    • With its authentication from the competent authority in the country of the client or from the competent chamber of commerce and attested by the Egyptian consulate or embassy in the country of the foreign client
    • An appendix to the contract stating that the trademarks are owned by the principal
      Or a trademark registration certificate from the competent department in the country of the client
  9. If the real estate or the trademarks you carry are owned by a third party
    • A letter of relationship between the principal and the third party notarized from the third party’s country that includes
      • Third party trademark ownership
      • And the consent of the third party to the principal’s use of the trademark and giving him the right to assign a third party
    • If the letter of the relationship between the principal and the third party does not state that the third party owns the trademark, it shall be submitted with the letter
      Trademark registration certificate from the competent department in the country of the client

Procedures for adding a contract

  1. Reserving an appointment through the GOEIC’s website (in case the application is submitted in MAROUF or October, or the Investor Services Complex at the Investment Authority)
    Please see the instructions for use when booking the appointment
  2. Submitting the required documents in accordance with the provisions of Law No. 120 /1982
  3. Document checking
  4. Determining the fees at the reception desk
  5. Pay the fees
  6. Financial and technical audit
  7. Data entry for real estate brokerage data and products certificate
  8. The broker reviews the card before wrapping it and receiving it
  9. Packaging-Delivery

Important Notes

  1. Obtaining document forms from the GOEIC’s website only
  2. To find out the steps for booking an appointment through the GOEIC’s website, please enter the following link
  3. The stamp with 1 pound and the resource development stamp shall be taken into account on the brokerage contracts, their amendments, their translation, any appendix to the contract, the trademark registration certificate, a letter of relationship between the principal and the third party and the power of attorney
  4. If the person concerned or who has the right to manage and sign outside the country and delegate his legal representative to submit an application for obtaining the service at the authority, the power of attorney issued by a foreign authority must be certified by the Egyptian embassy or consulate abroad and deposited in the real estate registry in Egypt
  5. A second power of attorney is accepted only - the authorization is not accepted
  6. If the person acting on behalf of the company in submitting the application is from government employees, public authorities, public institutions or local government units, the real estate brokerage card shall not be delivered until after notifying his employer
  7. If the contract to be added contains a reference to the date of an old contract, it is considered a renewal or modification of the contract, provided that the application is submitted within 30 days from the date of documenting the contract.
  8. If the service and geographical scope is specified in a real estate brokerage contract, that scope is specified in the real estate brokers registry card
  9. The number of registered contracts, data certificate and real estate brokerage products are indicated in the brokers record card
  10. Real estate brokerage data and products certification guarantee
    • The broker’s data, his name - registration number - the date of validity of the registration - tax registration number
    • Principal data Registration code (authentication number in the embassy or consulate) - registration authority - client's name and nationality - contract certification number - contract start and end - products subject of the contract validity (specific - automatic renewal - extended) - products subject of the contract
  11. Agency contracts translation:
    • If the contract submitted for registration is issued in two languages, one of which is Arabic, with the same authentication and approval, it is sufficient to submit a copy of that contract after perusal of the original without the need to translate it locally.
    • If the contract is issued in the English language only or in more than one foreign language, including English, it shall be translated at any approved center that provides the original translation.
    • If the contract was issued in a foreign language - other than English - it is translated by a government agency (such as the Ministry of Justice - Al-Al sun College - a university ... etc.) The original translation is submitted.
  12. If the real estate brokerage contracts are issued by a country in which we do not have diplomatic representation in order to document them abroad, the following shall be done:
    • The contracts are documented from the month of my real estate or from the Chamber of Commerce in that country
    • It is accredited in the nearest Arab consulate that has a diplomatic representation in that country
    • It is certified by the embassy of that Arab country in Egypt
    • The seal of the embassy is ratified by the Egyptian Foreign Ministry
    • In this case, the contract must include the foreign principal's obligation to notify the General organization of Export and Import Control of any modification or change that occurs to the contract.
  13. If the broker is linked to a business contract with the producer, trader or distributor, the real estate broker pays half of the prescribed fees and this is proven as follows:-
    If the contract is issued locally, it is submitted
    A copy of a certified work contract from the social insurance and the original insurance print for the mediator
    If the contract is issued from abroad, it is submitted
    A copy of an employment contract notarized by the competent chamber of commerce or the official authority that takes its place in the country of the foreign client and certified by the Egyptian embassy or consulate in the country of the foreign client
  14. The broker must notify the Authority of every amendment in the data of the real estate brokerage contract entrusted to him within 30 days from the date of documenting the amendment contract.
    If the authority is not notified within 30 days, the following measures will be taken in accordance with Article 21 of Law 120/1982.
    • Forfeits the right of the establishment to insurance
    • The Authority shall notify the establishment of the forfeiture of its right to insurance by registered letter with acknowledgment of receipt at its last address of which the Authority was notified
    • The facility shall pay double insurance within thirty days from the date of being notified of the forfeiture of its right to insurance
    • In the event of a repetition of the violation, the registration shall be canceled by a decision of the Minister of Economy and the right to recover the double insurance shall be forfeited.
    • The agent has the right to recover the double insurance if he does not repeat the breach.
  15. We ask you to take care to avoid falling into the violations mentioned in Law 120/1982 and its Regulations 342/1982, which you decided to abide by with your personal statements.
Publish Date 27/03/2022 12:52 PM
Last Update 27/04/2022 10:33 AM
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