Public Authority for Real Estate, with the participation of the relevant government agencies, carried out 26 joint monitoring tours during the month of May, which included visiting 258 real estate establishments in a number of regions of the Kingdom, 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 works on to regulate <a href="https://amlak.net.During the same period, its supervisory teams carried out 14,394 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 property owner or utility owner, and failure to indicate the licensee's name or license number in advertisements related to the property.<It pointed out that it received 1,463 real estate reports through its various channels that were dealt with and processed, while the number of electronic scans reached more than 20,191 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.The General Authority for Real Estate urged all brokers and real estate service providers to comply with the rules and provisions of the real estate brokerage system and its regulations, 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.
The Authority invited citizens and residents to submit their reports in case of suspicion of real estate violations or real estate fraud through the response path for reports through the official platform of the Authority or call (199011) for real estate inquiries.
Real estate inquiries.
