The Land Registry is the pillar of the modern real estate renaissance
Mohammed Al-Hassami
<The Kingdom's Vision 2030 and its subsequent measures revealed the real estate sector's need for further regulation, whether at the level of laws and regulations, or at the level of administrative and technical procedures, and even at the level of field and performance, as the real estate organization previously suffered from the existence of multiple real estate documentation systems in force in the Kingdom at the time, and the almost primary reliance on title deeds, which in itself is insufficient to capture the status of the statutory property.
The Public Authority for Real Estate took a strong step by creating <a href="https://amlak.net.Real Estate Registry, and for the first time in its history, the Kingdom is about to embark on a comprehensive regulation of real estate by appointing a single reference for real estate, assigning a separate register for each property with its own identity number, containing all the documents and documents that show the property's description, location, boundaries, physical and legal condition, all transactions that occurred on it and its subsequent rights and obligations.
The General Authority for Real Estate has taken a strong step by introducing Real Estate Registry. The importance of the real estate registry is not only in its economic, legal and social benefits, as the registry will contribute to the realization of the four pillars of the comprehensive strategy for the real estate sector adopted by the Council of Ministers, which will be a catalyst for the recovery of the real estate market by raising its efficiency and governance, ensuring its sustainability and vitality, attracting investments and achieving development.
The registry will also serve as a catalyst for the recovery of the real estate market by raising its efficiency and governance, ensuring its sustainability and vitality, attracting investments and achieving development. The registry will also play a role in proving real estate ownership rights, which will reduce real estate disputes before the judiciary and reduce the crimes of fraud and fraud, because the registry acquires the final authority in proof, and cannot be challenged except due to a clerical error or forgery.
The registry will be useful in the real estate market by increasing its efficiency and governance and ensuring its sustainability and vitality, attracting investments and achieving development. The registry will be useful in understanding changes in housing dynamics, which has a major role in urban planning and city governance, helping officials in decision-making processes.
The task of the Real Estate Authority in making the real estate registry a success is not an easy task; it will target the registration of eight million properties, it will use modern tools and techniques that require great skills and expertise, it will carry out survey work, field inspection and processing of deed data, and this task will not succeed and achieve its goals, whatever the efforts exerted without awareness, understanding, support, support and cooperation from property owners.
Without the awareness, understanding, support and cooperation of real estate owners.
