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Legislation & Regulations

27 articles to preserve rights. Implementation of the Real Estate Brokerage Law eliminates randomness and chaos

Reading time: 2 MinutesThe real estate community is awaiting the launch and implementation of the real estate brokerage system in January, and the General Authority for Real Estate has set 27 articles to regulate and organize the sector

08/01/2023

Real Estate Brokerage System

“Wafi removes marginalization from the deeds of the Meem Tower commercial and residential projects in Riyadh and Golden Tower in Jeddah

Electricity bills

Electricity Regulatory Authority makes amendments to allow retroactive bill corrections, repairs and meter changes

فحص العقارات

«الشامل لفحص المباني» تقدم حلول الجودة المتكاملة.. فحص المباني والتأكد من مطابقة المواصفات يقلل الهدر ويطيل عمر العقارات

وزارة الإسكان تجدد دعوتها للمواطنين للاستفادة من برنامج البناء المستدام وخدمات فحص المباني الجاهزة

Value Added Tax

Organizations have the right to correct return errors. «Zakat and Income» emphasizes tax returns and threatens fines for defaulters

Property

The 33-article system The Shura Council approves the draft law on the ownership and sorting of real estate units  

Government Procurement - Ministry of Finance - Real Estate Investment

Ministry of Finance launches 4 e-services through Etimad digital platform to facilitate financial procedures and transactions

Real estate loans

Saudi Arabian Monetary Authority (SAMA) launches the national electronic platform for business invoices “Receipt Platform”

real estate - building permits - projects - residential real estate development - projects - schemes - residential projects

Developer Services Center intensifies its preparations to implement the electronic link for issuing building permits, meets with a number of municipality secretariats

Investment

أكدت قوة النظام المالي السعودي.. المملكة تحجز مقعدها الدائم في مجموعة العمل المالي “فاتف”

Real estate appraisal

Penalties include financial penalties, and the committee approves 50 violations. Violators will be removed from the registry

Real estate

Shura Council approves amendments to the Law on Expropriation of Real Estate for Public Benefit and Placement of Hands

Plot of land

تطوير أرضين خاضعتين للرسوم بمساحة 70.000 ألف متر مربع.. وزارة الشؤون البلدية والقروية تعتمد التخطيط

VAT Payment - Real Estate

Ministry of Housing issues 52.22 thousand tax exemption certificates as of the end of May

Vacant real estate

Calls for measures to curb organized crime «Amlak conducts field tours and warns against thieves in empty buildings

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