The Ministry of Justice has provided an electronic inquiry service for real estate properties for companies and individual institutions and the publication of the real estate mortgage for individual companies and institutions, as well as the dissemination of the procedures related to the transfer of property ownership instead of its mortgage. <In addition, the Ministry of Justice provided an electronic inquiry service for real estate properties for companies and individual institutions and published it on the Ministry's electronic portal, with the aim of enabling the applicant to benefit from this service, in addition to enhancing the aspect of transparency and facilitating the stakeholders. At the same time, the ministry has prepared mechanisms and steps to object to the work of notaries and mechanisms to correct errors resulting from their work.
Saudi Monetary Authority requires banks and financial institutions to document the registration of mortgages
<The Saudi Arabian Monetary Agency (SAMA) issued a directive to all banks, financial companies and real estate finance companies. The directive, which came through a circular, of which Amlak newspaper obtained a copy, included correcting the status of real estate currently registered in the name of the bank or finance company within a period not exceeding 3 years and educating customers about this, and providing the institution with cases that prove that notaries refrain from registering the mortgage in favor of the bank or finance company.









