What’s Contract F in Dubai Real Estate?
Contract F is one of the essential documents required for property transactions in Dubai. Contract F is the Memorandum of Understanding between the buyer and the seller. Also, referred to as purchase agreement, is signed by the two parties, when the buyer agrees to buy a property on a given price.
Contract F lists the terms and conditions, rate, commission split for buyer’s and seller’s agent and other vital details of the property. The signed memorandum is to be dated by the property broker.