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Emaar contract restriction

Discussion in 'Dubai property' started by kennyhubbard, Jul 17, 2008.

  1. kennyhubbard

    kennyhubbard New Member

    Hi guys,

    Just a quick question please.............

    When you buy a property direct from Emaar, they have a restriction that says you may only sell after 30% of the property is paid.........

    I have seen guys advertise these properties for sale on POA, which I assume means Power of Attorney.......can anyone explain how this works.

    I have also seen a lot of sales of Emaar properties from do they do this, are they buying on a different basis(eg buyers agent), that gets them past this restriction, or is it also POA?

    Many thanks

    Last edited: Jul 17, 2008
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