The Future of Real Estate Forum, in its second edition, which will be held in Riyadh under the patronage of the Minister of Municipal and Rural Affairs and Housing Majid bin Abdullah Al-Hogail, from January 23 to 25, 2023, will discuss a number of issues of utmost importance related to the real estate system, including: Alternative means of dispute resolution in the real estate sector, most notably “reconciliation and real estate arbitration”, which enhances the status and importance of real estate, increases its attractiveness, and reduces the damage and risks of real estate disputes, leading to the stability of the real estate system.

Alternative means of dispute resolution in the real estate sector, most notably "reconciliation and real estate arbitration".

The <a style="color: #993300;" href="https://amlak.net.The Future of Real Estate Forum, through its discussions, through intensive sessions and workshops, with the participation of specialized experts from inside and outside the Kingdom, the importance of alternative means of settling real estate disputes instead of resorting to the judiciary, as alternative means are the fastest and safest means of resolving real estate disputes This is due to the fact that resolving real estate disputes through the judiciary may take a long time and may have consequences that harm both the disputants and the real estate alike, as reconciliation and arbitration are among the most important alternative means of resolving disputes locally, internationally and regionally.

Real Estate Reconciliation and Arbitration Mechanisms

<Participants in the forum sessions and workshops will discuss real estate disputes and the mechanism of reconciliation and real estate arbitration, as well as the importance of the reconciliation center and real estate arbitration centers and their role in creating an appropriate, fair and attractive environment in the Kingdom characterized by confidentiality, neutrality, speed and high professionalism, as the Kingdom plays a major role in spreading the culture of alternative means to settle disputes in accordance with international standards and standards, thus reducing the burden on the public judiciary, and these centers are licensed in legal forms and are characterized by the speed of settlement in real estate disputes and with complete neutrality and confidentiality, most notably: The Reconciliation Center of the Ministry of Justice and the Saudi Center for Real Estate Arbitration.
The discussion of alternative means of resolving real estate disputes during the forum comes due to the fact that it is the best alternative means of resolving real estate disputes, which derives its importance from the fact that it is carried out through accredited and licensed centers and that its reformers and arbitrators have broad legal expertise and great knowledge of the real estate system, in addition to the personal skills required for such means, as the Reconciliation Center is directly affiliated with the Ministry of Justice and is the fourth sector in the ministry, and the Real Estate Arbitration Center has a license issued by the Permanent Committee for Saudi Arbitration Centers established by a decision of the Council of Ministers, with the aim of granting licenses for practicing arbitration and real estate arbitration in Saudi Arabia, which was established by the Ministry of Justice.

While the workshops discuss several important topics and issues, namely financing SMEs, real estate auctions and their impact on the sector, localization and challenges, real estate valuation, disputes and real estate arbitration mechanism, tourism fund and its impact on the real estate sector, real estate marketing, improving the performance of real estate enterprises.

While the workshops discuss several important topics and issues, namely financing SMEs and its impact on the real estate sector.