Kuwait regulates the profession of real estate brokerage

Kuwait regulates the profession of real estate brokerage

KUWAIT CITY: Minister of Commerce and Industry Khaled Al-Roudhan issued a decree regulating the profession of real estate brokerage and barring the practice without obtaining the license from relevant authorities to do so, and registering on the real estate brokers registry – in accordance with the provisions of Resolution 164/2020, reports Al-Qabas daily.The following is the most prominent among the items mentioned in the Ministry of Commerce's decision: For a natural person, he must be a Kuwaiti citizen or the citizen of one of the Gulf Cooperation Council countries; be at least twenty-one years old when submitting the application, and must have full legal capacity at the time of registration. He should not have been convicted of a felony or a crime that violates honor or trust; otherwise, he must