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Amended Surveillance Law approves the formation of monitoring committees for finance companies

Reading time: 4 Minutesأقر نظام نظام مراقبة شركات التمويل المعدل تكوين لجنة مراجعة من غير أعضاء مجلس الإدارة التنفيذيين، وأشارت التعديلات إلى أنه سوف تصدر في شأن مهماتها، ... Read more

The amendments specify the duties and rules for the selection of non-executive audit committee members and impose restrictions on conflicts of interest.

24/06/2024

Billboards- Real Estate Advertising Regulation- Real Estate Advertising

When does «advertising» become a «real estate activity» that requires a license?

Clarify the controls of real estate advertising in Saudi Arabia, and separate between permissible promotion and regulated brokerage, which requires an official license.

«Al-Haqeel and the head of the Real Estate Authority review the Kingdom's experience in regulating and governing the real estate sector with Suri's minister

Reviewing the Saudi experience in real estate regulation and governance and discussing the development of real estate cooperation and mutual development between the Kingdom and Syria

Podcast | Real Estate Authority spokesperson clarifies details of real estate marketing and advertising regulations

The official spokesperson of the General Real Estate Authority, Mr. Tayseer Al-Mafraj, reviewed the details of the real estate marketing and advertising regulations

Infographic: A comprehensive legal explanation of the difference between usufruct and lease

The Public Authority for Real Estate clarifies the legal differences between usufruct and lease rights in terms of nature, duration, remuneration and expiration

Public Authority for Real Estate logo

The Real Estate Authority conducts 27 monitoring tours and receives 1,637 real estate reports during April

The General Authority for Real Estate intensifies field and electronic monitoring to control real estate brokerage and advertising violations and process reports in various regions

Public Authority for Real Estate

In detail... Approval of the Real Estate Marketing and Advertising Regulations

The regulation includes twelve articles that deal with the provisions for issuing licenses, real estate advertising content requirements, prohibitions and obligations of the licensee

District secretariats

«Municipalities and Housing» calls on owners of vacant land to keep it clean to improve the urban landscape

The ministry is launching a comprehensive awareness campaign in preparation for intensified monitoring after the deadline to address violations and improve the quality of the urban landscape.

Image Emoji Rent - Deals

Infographic: How do you unilaterally break a lease?

"Ejar" platform clarifies the mechanism of canceling rental contracts electronically from one party to regulate the real estate market and reduce disputes

The project to register usufruct in the land registry Two payment options and a comprehensive regulation of rights

A project to legalize and register the usufruct right in the real estate registry, defining the rights and obligations of the parties and the mechanisms of financial compensation and fees.

Video. Real Estate Authority spokesperson clarifies an escalating path of penalties for violating real estate advertisements

Al-Mufaraj outlines the escalation of penalties for violating real estate advertisements up to 200,000 riyals and suspension of licenses, and clarifies the requirements for a "trusted" license"

Real Estate Registration Authority Logo

In detail... «The Real Estate Authority launches a draft model for registering usufruct in the Real Estate Registry

The two drafts are available through the «Explore» platform to receive feedback on regulating the registration and deed of the usufruct right and enhancing the protection of its parties in the real estate registry

Ministry of Municipalities and Housing - Group Housing Requirements

«Municipalities and Housing» adopts the name «mobile merchant» as part of updated requirements that enhance the urban landscape

The ministry is updating its self-employment requirements by adopting the name «mobile trader» and regulating mobile activities to support micro-investment and improve the urban landscape.

Ministry of Commerce - Commercial Register

Ministry of Commerce requires non-profit companies to appoint an auditor

The decision includes micro and small non-profit companies, and applies starting from the current fiscal year, based on the Companies Law and Supreme Orders

«Interior»: A fine of up to 100,000 riyals for harboring visit visa holders in Mecca

Interior Ministry warns against harboring visit visa holders in Mecca during the Hajj season and calls for reporting violators via emergency numbers

894 individual violations recorded and 17 violating facilities monitored during monitoring tours of the Engineers Authority

Saudi Engineers Authority refers serious violations to the prosecution and emphasizes that professional accreditation is a prerequisite for practicing engineering work

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