Compliance with real estate legislation
These tours come with the aim of ensuring compliance with real estate legislation in general and the real estate brokerage system in particular, in addition to what is related to the competence of the participating government agencies.
The Authority explained that field work is one of the tracks it is working on to organize <a href="https://amlak.net.During the same period, its supervisory teams carried out 10,222 field audits on billboards and real estate offices, which resulted in the detection of a number of violations, represented in the practice of real estate brokerage or real estate services without obtaining a valid license, failure to exercise due diligence to verify the validity of the information obtained from the owner of the property or the owner of the benefit, and failure to indicate the name of the licensee or the license number in the advertisements related to the property,590 real estate reports through its various channels were dealt with and processed, while the number of electronic scans amounted to more than 20,647 operations, as the "Authority“ pursues electronic monitoring that targets digital channels and real estate platforms to verify the regularity of advertisements and digital real estate brokerage practices in accordance with laws and regulations.
Compliance with rules and provisions
The General Authority for Real Estate called on all brokers and real estate service providers to comply with the rules and provisions of the real estate brokerage system, and to see the violations to avoid penalties, which include warning, suspension or revocation of the license or financial fines of up to 200 thousand riyals, and called on citizens and residents to submit their reports in case of suspicion of real estate violations or real estate fraud through the reporting response path through the official platform or call (199011) number for real estate inquiries.
The Authority also called on citizens and residents to submit their reports in case of suspicion of real estate violations or real estate fraud through the reporting response path through the Authority's official platform or call the number (199011) for real estate inquiries.
