The General Authority for Real Estate monitored 4293 violations of real estate advertising controls and real estate market analysis controls during the month of November for the current year 2022. real estate advertisements violations 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.
The authority explained that it has addressed 2,147 violations, while 1,892 violations are still under procedure, the number of real estate disputes in the Saudi Center for Real Estate Arbitration reached 7 real estate disputes, and the Authority licensed an electronic real estate platform, while 56 real estate establishments obtained the classification of real estate brokerage facilities, and the number of registrants in the "Aqari" service reached 4448 beneficiaries, and the number of registered real estate establishments reached The number of registered real estate establishments reached 288 real estate establishments, while 2990 applications applied for the "Real Estate Advertiser" service (249 for establishments and 2741 for individuals), the authorization service recorded 873 real estate authorizations electronically, while the committee to address the registration of ownership errors "ownership" received 70 objections during the month of November.
The Authority emphasized 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.
