With the expansion of real estate activity and the multiplicity of its parties, the need for effective and quick mechanisms to resolve disputes away from judicial complications increases. Hence, Saudi Center for Real Estate Arbitration stands out as a specialized entity that offers professional solutions to settle real estate disputes, within a regulated legal framework that promotes justice and guarantees the rights of all parties.
With the expansion of real estate activity and the multiplicity of parties, the need for effective and quick mechanisms to resolve disputes without judicial complexity increases. <The Saudi Center for Real Estate Arbitration specializes in adjudicating disputes related to real estate activities within the Kingdom of Saudi Arabia, whether between individuals or legal entities, when the parties agree to resort to arbitration.
Saudi Center for Real Estate Arbitration specializes in adjudicating disputes related to real estate activities within the Kingdom of Saudi Arabia, whether between individuals or legal entities, when the parties agree to resort to arbitration.
Arbitration as an effective alternative to litigation
Arbitration is an alternative means of resolving disputes, where parties to a dispute agree to refer their differences to a neutral arbitrator instead of the judiciary. The arbitrator examines the case and issues a final judgment that has the force of an executive deed.
Arbitration as an effective alternative to litigation
Reconciliation... consensual solutions to end disputes
The center offers a reconciliation service, which aims to end the dispute by mutual consent between the parties through organized procedures, contributing to the convergence of views and containing disputes in a flexible and rapid manner.
Reconciliation.
Arbitration charter and ensuring clarity of procedures The Center offers a conciliation service, which aims to end the dispute consensually through organized procedures, contributing to the convergence of views and containing disputes in a flexible and fast manner.
Integrated digital services All SARAC services are available electronically through the reac.rega.gov.sa platform.
Real estate arbitration is one of the main pillars to enhance the stability of the real estate market, as it provides fair and quick solutions to disputes and contributes to establishing confidence among dealers in the sector. Real estate arbitration is one of the main pillars to enhance the stability of the real estate market.
The real estate arbitration charter is an independent agreement between the parties that defines the mechanism for referring the dispute to arbitration, providing legal clarity from the beginning of the contractual relationship and minimizing the possibility of future dispute.
All SARAC services are available electronically through the reac.rega.gov.sa platform, reflecting the real estate sector's move towards digital transformation and facilitating access to efficient dispute resolution services.
