إعلان
Big 5

The General Real Estate Authority monitors 9633 real estate advertisements last month

KDIPA carried out 14 tours and 16,867 field inspections, conducted more than 21,322 electronic surveys, and received 907 reports.

Posted in

The General Real Estate Authority , in collaboration with the Ministry of Human Resources and Social Development, carried out during the month of August, 14 joint inspection tours, which included visits to 180 real estate establishments in the Riyadh, Eastern, and Makkah regions, and the Al-Qassim region; with the aim of ensuring compliance with real estate legislation in general and the real estate brokerage system in particular, in addition to matters falling under the jurisdiction of the participating government agencies regarding Saudization and facility licensing.

The Authority clarified that fieldwork is one of the avenues it is pursuing to regulate the real estate market, with its inspection teams conducting 16,867 field inspections during the same period, resulting in the identification of 9,633 non-compliant real estate advertisements in public places, The Authority also received 907 real estate complaints through its various channels, all of which were addressed and resolved, while the number of electronic surveys exceeded 21,322. The Authority employs electronic monitoring targeting digital channels and real estate platforms to verify the compliance of advertisements and digital real estate brokerage practices with applicable laws and regulations.

The General Real Estate Authority called on all real estate brokers and service providers to comply with real estate regulations and to familiarize themselves with the violations to avoid penalties, which include warnings, license suspension or revocation, or financial fines. The law’s implementing regulations specify the classification of violations and the corresponding penalties.

The Authority also called on citizens and residents to file reports in the event of suspected real estate violations or fraud through the reporting channel on the Authority’s official platform or by calling (199011) for real estate inquiries.