The Public Prosecution said that practicing the profession of appraisal without obtaining a license or after the license is revoked, canceled or expired and did not follow the necessary procedures for renewal is considered a punishable offense. The Public Prosecution explained in a tweet on its account on the social networking site ”X” Twitter previously, the penalties for violators include the following:

The Public Prosecution explained in a tweet on its account on the social networking site "X" Twitter.

• Prisonment for up to one year.
• Fine of up to 200 thousand riyals.
• Suspension from practicing the profession for up to one year.
• Removal of the violator from the register of accredited residents.
• Revocation of the license.

She emphasized that the system aims to set the necessary controls and standards for the work of valuation of real estate, economic facilities, equipment, movable property and the like, develop the valuation profession, and raise the level of its workers.

The system aims to develop the valuation profession and raise the level of its workers.