Once both parties are agreed on price, they will enter in to a legally binding agreement called an MOU (Memorandum of - Understanding), referred to by RERA as a Form F. This will be done via the Dubai Brokers App and at this stage you will be asked to produce a current dated cheque in the name of the seller as a 10% deposit and a PDC in the name of the brokers company for the commission. The MOU should include ALL elements of the contract you are entering into such as paid rent or service charges and the length of time allowed until transfer.