Framework for Collaborative Real Estate Transactions
Framework for Collaborative Real Estate Transactions
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This document outlines the framework for cooperation on the Al Hekma Tower transaction among four groups, detailing their shared commercial objectives and a six-month exclusivity period. It includes operating protocols such as KYC/AML checks, payment milestones, and equitable distribution of funds. Additionally, it addresses protection measures like non-circumvention and confidentiality, alongside legal considerations under Dubai law, ensuring clarity on fee allocation and dispute resolution.