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“Real Estate Authority” refers more than 5500 violators of real estate advertising regulations to the competent authorities

3500 illegal real estate ads

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<The Public Authority for Real Estate referred the first real estate violation to the competent authorities to apply the system, for several violations, including falsifying the free work document.

In a press release today, the Authority explained that the number of violating advertisements that were seized since the beginning of the implementation of the real estate advertising controls issued on 12/10/1442 AH reached (5560) violating real estate advertisements, as an extension of the Authority's efforts in organizing and supervising the real estate activity and following up the implementation of the real estate advertising controls. The Authority confirmed its continuous follow-up of establishments operating in the real estate sector to preserve the rights of customers in the sector, to ensure fair and transparent competition between real estate brokerage establishments, to protect the rights of beneficiaries and service providers, and to ensure compliance with real estate advertising controls, monitor all abuses and violations of non-compliant establishments, and impose regular penalties against them in accordance with the regulations. These regulations come within the role of the General Real Estate Authority in regulating and supervising the non-governmental real estate sector, which enhances the integration of the Authority's role with government agencies to enhance the attractiveness and vitality of the real estate sector and increase its reliability and innovation. The Authority receives complaints through its official platforms, and you can view the regulations and submit reports through the Authority's website www.rega.gov.sa.

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These regulations come in line with the Authority's role in regulating and supervising the non-governmental real estate sector.