Majid Al-Hogail, Minister of Municipalities and Housing and Chairman of the General Real Estate Authority, praised the issuance of the statutory provisions for regulating the relationship between landlord and tenant, stressing that they achieve justice and balance between the two parties, in addition to ensuring the stability of the real estate market within the Kingdom.

Majid Al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, praised the issuance of the statutory provisions to regulate

The importance of applying the statutory provisions for rent

Al-Haqeel explained, during press statements, that these statutory provisions will play an important role in curbing rental inflation, and confronting unjustified increases in rental prices, thus protecting families, residents and investors from them, and ensuring a state of stability, which leads to the attractiveness of living and settling in the Kingdom.

Haqeel explained, during press statements, that these statutory provisions will play an important role in curbing rental inflation.

Mandatory documentation of rental contracts within Riyadh

The Minister of Municipalities and Housing emphasized that this step establishes transparency and ensures the protection of contractual rights, stressing that the application of these provisions will contribute to ensuring fair application and confronting any attempts of abuse, especially after the wave of rent hikes in the value of renting units.

Mandatory documentation of contracts through the Ejar network.