Real Estate Brokerage New reality

Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: < 1 MinuteAfter 150 days since the implementation of the real estate brokerage system, the period decided by the General Authority for Real Estate to correct the status of those covered by the system will end on July 18, 2023, by obtaining licenses after passing the qualification program.

Real Estate Surveys... Malek Al-Juhani: Difficulty in Concluding Real Estate Brokerage Contracts Is the Most Prominent Challenge

Malik Amin Al-Juhani - Real Estate Brokerage Contracts

Reading time: < 1 MinuteReal estate marketer Malek Amin Al-Juhani noted that there is a difficulty in concluding real estate brokerage contracts with property owners, which represents one of the system’s obstacles and challenges. He expressed the hope that this process would be made easier for real estate brokers so that they can market properties smoothly.

What is the real estate registry? ... And what are the steps involved in registration?

Cadastre

Reading time: < 1 MinuteThe real estate registry is a collection of documents that contain highly accurate descriptions of a property’s legal and physical status and location through the use of geospatial data, in addition to rights and obligations, and any subsequent changes thereto, It covers both government-owned and privately owned properties, including commercial, residential, and agricultural properties. What is real estate registration? It is a system for registering real estate that uses the property itself as the basis for recording ownership and real estate rights… Read more

Features of self-build financing and how to apply for the product

Mortgage Loan - Housing Units

Reading time: < 1 MinuteSelf-Build Financing provides financing opportunities for those who own land and wish to build their own home according to their preferences, through installment-based mortgage financing provided by financial institutions participating in the program. Key features of self-build financing: Receipt of financing in installments based on construction milestones. The construction period is determined by the financing institution’s policy, with a maximum of 36 months. Reduced installments during … Read more