Riyadh – Mohammed Jamos: The state and its wise leadership have demonstrated their commitment to the real estate sector by enacting and updating legislation that regulates transactions among market participants. Since the establishment of the General Real Estate Authority, 13 real estate laws have been issued, including real estate regulations, executive regulations, and regulatory rules.

The most notable legislation issued:

Regulations

Regulation on Off-Plan Sales and Leasing.

Real Estate Contributions Regulation.

Real Estate Brokerage System.

Real Property Registration System.

General Real Estate Authority System (Amendment).

Real Estate Unit Sorting and Management System.

Regulations and Controls

Regulations for Real Estate Auctions.

Regulations for Real Estate Brokerage.

Regulations for Real Property Registration.

Market Analysis Guidelines.

Real Estate Advertising Controls.

Criteria for Issuing Real Estate Platform Licenses.

Regulatory Regulations for the Real Estate Unit Ownership and Classification System.