“Real Estate Authority” conducts 12 monitoring rounds and monitors 9457 real estate advertisements

KDIPA visited 148 establishments, carried out 13,255 field inspections, tracked 14,559 electronic surveys, and processed 213 reports.
Real Estate Registration Authority Logo

Posted in

The The General Real Estate Authority, in collaboration with the Ministry of Human Resources and Social Development, conducted 12 joint inspection tours during the month of November, which included visits to 148 real estate establishments in the Riyadh region, the Eastern Province, and the Makkah Region. The aim was to ensure compliance with real estate legislation in general and the Real Estate Brokerage Regulation in particular, as well as matters falling within the jurisdiction of the participating government agencies regarding Saudization.

Real Estate Authority explained that fieldwork is one of the approaches it is using to regulate the real estate market, with its inspection teams conducting 13,255 field inspections during the same period, resulting in the detection of 9,457 non-compliant real estate advertisements in public places. The Authority also received 213 real estate-related reports through its various channels, all of which were addressed and resolved, while the number of electronic surveys exceeded 14,559. 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, suspension or revocation of licenses, or financial fines, The law’s implementing regulations specify the classification of violations and the corresponding penalties. The Authority also urged 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.