The number of requests to cancel mortgages during the past three years amounted to about 4213 requests after fulfilling the payment of debts, of which commercial accounted for about 55%. According to a previous statistic issued by the Ministry of Justice, three regions accounted for the total requests to cancel mortgages for <a href="https://www.youtube.com/watch?v=2zm5833r0cQ" target="_blank" rel="noreferrer noo" href="https://www.youtube.com/watch?v=2zm5833r0cQ" target="_blank" rel=“noo
The Ministry of Justice is planning an electronic service to provide information for the ownership of "real estate" and its areas, through electronic services on the Ministry of Justice portal on the Internet, which in its first phase concerns the reporting of sukuk data for corporate properties only, which contain areas of up to 1.8 billion square meters. The e-service works by inquiring about the ownership of real estate through the deed number, or plot and plan number. The service requires sending a text message to the inquirer's mobile phone after registering in the database, and the inquirer will see the property data for corporate properties.
The Ministry of Justice has made the query service available to the public, whether for individuals or companies, with the aim of increasing transparency standards in the field of property documentation,
Providing beneficiaries with real estate ownership data for companies in the Kingdom.
This service comes within the projects of the Ministry of Justice, which works to raise the Kingdom's ranking in investment competitiveness to reach advanced positions in real estate investment data among other countries. The information transparency index is one of the World Bank's recommendations for the land management system.
==
About the mortgage foreclosure news
The number of foreclosure applications over the past three years has reached 4,213.
The number of foreclosure applications has reached 4,213 over the past three years.
Three regions The Qassim region accounted for 71.3% of applications.
Three regions Qassim accounted for 71.3% of applications.
Tabuk region with 19.5%.
Tabuk region with 19.5%.
Jouf Region at 9.2% real estate.
==
