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The details of the articles of the Real Estate Transaction Tax Law after the Cabinet's approval

Reading time: 2 Minutesأعلنت المملكة العربية السعودية مؤخرًا عن موافقتها على نظام ضريبة التصرفات العقارية، وهو قرار يعكس التزام الحكومة بتعزيز الشفافية في قطاع العقارات وتحسين نظم الحوكمة ... Read more

Law sets 5% tax on real estate transactions with exemptions, penalties, enforcement mechanisms and a deadline to correct the situation

12/10/2024

Zakat, Tax and Customs Authority
Rent - Residential Contracts - Refunds

When is the tenant obligated to pay the full amount of rent until the end of the contract?

منصة إيجار: الخروج قبل انتهاء العقد دون موافقة المالك يُلزم المستأجر بدفع قيمة الإيجار حتى نهايته.

Omar Al Kindi - Real Estate Articles - Talamara A combination of science and art 

The role of blockchain technology in real estate transactions

Blockchain technology secures, simplifies, and digitally manages real estate transactions through transparent, decentralized record-keeping.

Future of Real Estate Forum

Sakan signs a number of agreements on the sidelines of the Future of Real Estate Forum

Sakan signs memorandums of cooperation with banks and the Saudi Center for Energy Efficiency to boost housing giving and support needy families

Minister of Justice

Minister of Justice: More than 20,000 real estate deeds suspended and canceled during the past period

Al-Samaani: During the Future of Real Estate Forum, he revealed the implementation of real estate identity, issuing more than 500,000 deeds and addressing violations

Tabuk Municipality issues 370 building compliance certificates to improve the urban landscape

North and South Municipalities issued 250 certificates, Tayma 45, and the deadline for corrective action is February 18, 2024

Jazan Municipality - Units under construction

Violations detected during inspections of under-construction units in Abu Arish governorate

39 inspections resulted in 11 violations, 57 construction licenses and 18 occupancy certificates

Minister of Human Resources and Social Development Ahmed Al-Rajhi - Localization of Occupations

Ahmed Al Rajhi reveals at the Future of Real Estate Forum the most important gains of the decision to localize real estate professions

نمو السعوديين في القطاع العقاري من 12 ألف إلى أكثر من 26 ألف مع مبادرات توطين وتدريب وفرص عمل

Future of Real Estate Forum logo

The Future of Real Estate Forum and Union Real Estate Association launch professional volunteering initiative

In partnership with the National Center and the Third Sector Agency to empower youth and transfer the expertise of leaders of the economy and the real estate sector

Future of Real Estate Forum logo

Head of the Land Registry talks about supporting innovation and sustainable development of the real estate industry

The Land Registry is a strategic sponsor of the Future of Real Estate Forum in Riyadh (January 22-24) and its president gives a speech on physical registration and technology.

Zakat, Tax and Customs Authority

Businesses urged to submit VAT returns for December

Zakat Commission invites enterprises with annual supplies >40 million riyals to submit December and fourth quarter returns before January 31

Future of Real Estate Forum

The real estate industry and dispute resolution are the highlights of the second day of the Future of Real Estate Forum

Sessions on the second day will discuss the 2030 vision for real estate, dispute resolution tools, sustainable financing, and sector strategies and authorities.

Conciliation platform

Reconciliation Center concludes more than 6,000 commercial reconciliation cases

Reconciliation services through TADAI's digital platform accomplish electronically enforceable commercial dispute resolution as part of the National Transformation Initiative

Real Estate - Ejar Platform

12421 طلبا لتنفيذ إخلاء عقارات من مستأجرين في منطقة الرياض

سجلت محاكم التنفيذ 33.6 ألف طلب إخلاء على مستوى المملكة خلال 2023 بارتفاع 3% عن 2022

Dr. Alotaibi elected president of the Arab Federation for Construction and Real Estate Development

The Union includes 18 Arab countries and works to strengthen cooperation with the Arab League, governments and the private sector in real estate development

Real Estate Services - Real Estate Applications

What are the requirements for accepting real estate applications and how is the real estate registration process?

The Ehkam platform sets five conditions for accepting real estate ownership applications, and presents the steps for in-kind registration and the conditions for concrete mixing units.

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