Public Authority for Real Estate inaugurates its new headquarters and discusses the latest regulations

Launching the headquarters of the General Real Estate Authority - Real Estate

Posted in

24/12/2019

<His Excellency the Minister of Housing and Chairman of the Board of Directors of the Public Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail and members of the Board inaugurated today the new headquarters of the Authority, and the Board held its ninth meeting, which discussed the measures taken by the Authority in the digital transformation journey to implement all its work electronically, to facilitate the provision of its services to its partners and host it in the National Information Center and enable it to link and integrate with all government agencies. (Real Estate)

The Council reviewed the measures taken by the Authority to implement in-kind registration of real estate to increase the reliability of deeds and accurately describe the property in terms of its location, area, nature, rights and obligations, and what has been done in the areas targeted for registration in the Kingdom during the first phase by inventorying and analyzing spatial data, determining its quality and accuracy, and inventorying ownership data in these areas.

The Council discussed the Authority's approach to the digital transformation of its work to increase the reliability of its services to its partners and host it in the National Information Center. <The Board discussed the Authority's approach to raise the level of performance of real estate offices, build the capacities of their employees, create quality job opportunities and improve the quality of real estate brokerage services through the commitment of classified offices to training and the Authority's standards to qualify their employees and the use of marketing contract models approved by the Authority to improve the efficiency of the services provided and reduce real estate disputes, especially in determining the quest and marketing services of the property. (Real Estate)

The Council reviewed the updates of what was discussed on the draft regulations submitted by the Authority, namely the draft real estate registration system, the draft real estate brokerage system, the draft real estate contributions system, and the new organization of the Public Authority for Real Estate.

High-level attendance at the meeting

<The meeting was attended by HRH Prince Saud bin Talal bin Badr, Advisor to the Minister of Housing and General Supervisor of the Ministry of Housing Agency for Housing Support and Branches, His Royal Highness Prince Saud bin Talal bin Badr, His Excellency the Vice Chairman of the Board of Directors, Governor of the Public Authority for Real Estate Essam bin Hamad Al Mubarak, Governor of the Public Authority for State Properties Mr. Ehsan Bafqih, Undersecretary of the Ministry of Municipal and Rural Affairs for Land and Survey Dr. Mohammed bin Naser Al Rajhi, Ministry of Finance Undersecretary for Revenue Engineer Tariq bin Abdullah Al Shehib, the representative of Ministry of Justice Sheikh Abdullah bin Adnan Al Sulaymi, Ministry of Economy and Planning for Economic Affairs Mr. Rakan Dkhil, and other senior officials.

Public Authority for Real Estate inaugurates its new headquarters and discusses the latest regulations

High-level attendance at the meeting

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