The Law Regulating Commercial Agency Business and Certain Commercial Brokerage Activities enacted by Law No. 120 of 1982

The Law Regulating Commercial Agency Business No. 120 of 1982 is the principal legislation governing commercial agency, brokerage, and real estate mediation activities. The Law aims to mandate registration in the relevant registers, ensure contract transparency, and impose strict penalties on violators, while requiring agents to render their services professionally.