A number of violations were detected during 11 rounds of inspections by the Real Estate Authority last month

«Real Estate Authority» conducts electronic tours and monitoring of establishments and advertisements to control real estate brokerage violations and protect market participants
Public Authority for Real Estate

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The the General Real Estate Authority, in collaboration with relevant government agencies, conducted 11 joint inspection tours last February, which included visits to 323 real estate establishments in various regions of the Kingdom. These inspections aim to ensure compliance with real estate legislation in general and the Real Estate Brokerage Regulation in particular, as well as matters falling within the jurisdiction of the participating government agencies.

The Authority clarified that fieldwork is one of the avenues it is pursuing to regulate the real estate market. During the same period, its inspection teams conducted 9,734 on-site inspections of billboards and real estate offices, which resulted in the detection of a number of violations, including the practice of real estate brokerage or real estate services without a valid license, failure to exercise due diligence in verifying the accuracy of information obtained from the property owner or beneficial owner, and failure to state the licensee’s name or license number in advertisements related to the property.

The Authority received 1,269 real estate complaints through its various channels, all of which were addressed and processed, and the number of electronic scans exceeded 17,484, as the Authority conducts electronic monitoring targeting digital channels and real estate platforms to verify the compliance of advertisements and digital real estate brokerage practices with laws and regulations. The General Real Estate Authority called on all real estate brokers and service providers to comply with the rules and provisions of the Real Estate Brokerage Law, and to familiarize themselves with the violations to avoid penalties, which include warnings, suspension or revocation of licenses, or fines of up to 200,000 riyals.

It also urged citizens and residents to file reports in the event of suspected real estate violations or fraud through the reporting channel on the Authority’s official platform or by calling (199011) for real estate inquiries.