Emaar contract restriction

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kennyhubbard

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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 launch........how 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

Kenny
 
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