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Courts to conduct nearly 4,000 auctions in 2023

Reading time: < 1 Minuteكشفت بيانات وإحصائيات رسمية أن عدد المزادات العلنية التي نفذتها محاكم التنفيذ في السعودية نحو 4 آلاف مزاد علني خلال عام 2023، وذلك بمتوسط نحو ... Read more

With an average of about 11 auctions per day, investment and commercial real estate accounted for 40%, with Riyadh leading with 1123 auctions.

10/01/2024

Auction - Courts

«Commerce» solicits opinions on draft penalties for not filing financial statements within the statutory period

The proposed decision sets direct and graduated fines for companies that do not comply with filing their financial statements, taking into account small enterprises and soliciting feedback.

Territory

Infographic: Additional conditional grace period for white land development What do you know about it?

The granting of the grace period is linked to the existence of an actual development path, such as a building license, plan approval, execution or off-plan sale contracts, and licensed real estate contributions.

Ejar Program Logo

Infographic: Ejar invites customers to review contract data before electronic documentation

The platform emphasizes the verification of real estate contract data before sending, paying and acknowledging, to enhance the reliability of electronic documentation and preserve rights.

Off-plan sales

«هيئة العقار» تؤكد: متابعة مشاريع البيع على الخارطة حق للمستفيدين

النظام يتيح للمستفيدين الاطلاع على السجل المحاسبي، وزيارة موقع المشروع، ومعرفة نسب الإنجاز وتقارير الاستشاري الهندسي.

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

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