The General Authority for Real Estate detects 5 thousand violations of real estate advertising regulations

Public Authority for Real Estate - Real Estate Announcement

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The General Authority for Real Estate seized about 5 thousand violations of <a style="color: #ff6600;" href="https://amlak.net.sa/? for real estate advertising controls and real estate market analysis controls during the month of October. Violations of real estate advertising controls included not mentioning the name of the advertiser and his capacity (owner, commissioner), and not mentioning the boundaries and lengths of the property and services related to it, while violations of real estate market analysis controls included creating an effect that would cause confusion to the public, lack of objectivity, lack of impartiality and exaggeration in the presentation.

Real estate advertising controls violations included creating an effect that would cause confusion to the public, lack of objectivity, lack of impartiality and exaggeration in the presentation. <The Authority explained in a press release that it has addressed 2722 violations of regulations and controls, while 1165 violations are still under procedure, and the number of real estate disputes considered in the Saudi Center for Real Estate Arbitration reached 68 real estate disputes, and the Authority licensed 8 electronic real estate platforms, while 52 real estate establishments obtained the classification of real estate brokerage facilities. The number of registrants in the "Aqari“ service during the same period reached 5182 beneficiaries, the number of registered real estate establishments reached 434 real estate establishments, while 3834 applications for the ”real estate advertiser“ service (392 for establishments and 3442 for individuals), and the authorization service recorded 1178 electronic real estate authorizations during the month of October.

The Authority stressed its commitment to developing real estate legislation that ensures the stability of the real estate market, monitoring and controlling violators, stressing the need to comply with the laws, regulations and regulatory controls, noting that it receives reports of real estate violations and receives complaints received through its official platforms.

The Authority also confirmed its commitment to developing real estate legislation that ensures the stability of the real estate market.