Today... The new real estate brokerage system goes into effect today. 180 days to rectify the situation

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The General Authority for Real Estate announced the start of work in real estate brokerage and services activities according to <a style="color: #993300;" href="https://amlak.net.The Real Estate Brokerage System as of Wednesday, as it was approved by the Council of Ministers in Dhu al-Qa'dah of last year 1443 AH and canceled the regulation of real estate offices issued in 1398 AH.

Real Estate Brokerage System. <In a statement, the CEO of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, confirmed that the royal decree enforcing the <a style="color: #993300;" href="https://amlak.net. The Real Estate Brokerage System allows current real estate practitioners working in the fields of brokerage and real estate services to organize and correct their status for a period of six months (180 days) - as a corrective period - ending on 30 Dhul Hijjah 1444 AH.

<He pointed out that the services related to issuing the necessary licenses to practice brokerage activity and <a style="color: #993300;" href="https://amlak.net.This is based on the Authority's role in stimulating real estate brokerage activity and enabling real estate practitioners to continue their business in accordance with the system, which will contribute to achieving the reliability of real estate transactions, raising the level of services provided, and preserving the rights of dealers in the real estate sector according to specific standards, procedures and licenses to conduct business, and the cooperation of the parties in applying the system is an incentive to increase the vitality and attractiveness of the sector.