Browse Real Estate Brokers in Azad Kashmir, Pakistan or list your own. Advertise, sell your property, list it for letAzad Jammu and Kashmir (; Urdu: آزاد جموں و کشمیر, transl. 'Free Jammu and Kashmir' ), abbreviated as AJK and colloquially referred to as simply Azad Kashmir, is a region administered by Pakistan as a nominally self-governing entity and constituting the western portion of the larger Kashmir region, which has been the subject of a dispute between India and Pakistan since 1947. Azad Kashmir also shares borders with the Pakistani provinces of Punjab and Khyber Pakhtunkhwa to the south and west, respectively. On its eastern side, Azad Kashmir is separated from the Indian union territory of Jammu and Kashmir (part of Indian-administered Kashmir) by the Line of Control (LoC), which serves as the de facto border between the Indian- and Pakistani-controlled parts of Kashmir. Geographically, it covers a total area of 13,297 km2 (5,134 sq mi) and has a total population of 4,045,366 as per the 2017 national census.
The territory has a parliamentary form of government modelled after the British Westminster system, with the city of Muzaffarabad serving as its capital. The President of AJK is the constitutional head of state, while the Prime Minister, supported by a Council of Ministers, is the chief executive. The unicameral Azad Kashmir Legislative Assembly elects both the Prime Minister and President. The territory has its own Supreme Court and a High Court, while the Government of Pakistan's Ministry of Kashmir Affairs and Gilgit-Baltistan serves as a link between itself and Azad Jammu and Kashmir's government, although the autonomous territory is not represented in the Parliament of Pakistan.
Northern Azad Kashmir lies in a region that experiences strong vibrations of the earth as a result of the Indian plate underthrusting the Eurasian plate. A major earthquake in 2005 killed at least 100,000 people and left another three million people displaced, causing widespread devastation to the region's infrastructure and economy. Since then, with help from the Government of Pakistan and foreign aid, reconstruction of infrastructure is underway. Azad Kashmir's economy largely depends on agriculture, services, tourism, and remittances sent by members of the British Mirpuri community. Nearly 87% of Azad Kashmiri households own farm property, and the region has the highest rate of school enrollment in Pakistan and a literacy rate of approximately 74%.A real estate broker or real estate salesperson (often called a real estate agent) is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to match up sellers who wish to sell and buyers who wish to buy.
In the United States, the relationship was originally established by reference to the English common law of agency, with the broker having a fiduciary relationship with his or her clients. A real estate broker typically receives a payment called a commission for successfully matching a seller's real estate with a buyer such that a sale can be made. This commission can be divided up with other participating real estate brokers or agents when applicable.
An estate agent, which is a term used in the United Kingdom, is a person or business entity whose business is to market real estate on behalf of clients. There are significant differences between the actions, powers, obligations and liabilities of brokers and estate agents in each country. Other countries take markedly different approaches to the marketing and selling of real property.
In the United States, however, real estate brokers and their salespersons who assist owners in marketing, selling, or leasing properties are commonly called "listing brokers" and "listing agents." [1] Listing brokers and agents seek to market and sell or lease property for the highest available price under the best available terms.
Other brokers and agents may focus on representing buyers or tenants. However, licensing as a broker or salesperson authorizes the licensee to represent parties on either side of a transaction. The choice of which side to represent is a business decision for the licensee.Source: https://en.wikipedia.org/