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55% of total heirs' court cases in commercial real estate

Reading time: < 1 MinuteAccording to press reports, heirs' disputes in commercial real estate accounted for 55% of the total 7,744 cases filed with the courts during the current Hijri year

03/07/2023

Riyadh - Business - Localization of real estate activities and professions
Engineer Abdullah bin Saud Al-Hammad

Chairman of the Real Estate Authority: GCC legislative integration is a pillar to stabilize the market and stimulate investment

Al Hammad participated in a meeting in Doha to discuss the harmonization of legislation and enhance cooperation.

Residential program

Real Estate Registry begins registering neighborhoods in three provinces today

بدء استقبال طلبات التسجيل العيني الأول للعقارات في أحياء محددة بمحافظات مناطق الرياض والقصيم والمنطقة الشرقية.

Ministry of Municipalities and Housing

فصل الكهرباء وحجز المركبات.. «البلديات والإسكان» تحدد آليات مواجهة المخالفات الجسيمة

اللائحة التنفيذية تحدد عقوبات حازمة ومعدلات غرامات تصل حتى مليوني ريال وآليات رصد إلكتروني للتطبيق.

White land

The countdown is on... Fines for unregistered white lands after 20 days

The deadline for registration in the Riyadh city area is October 30; latecomers will be automatically monitored and fined up to 100%.

Developer Services Center - Completion

Completion Center continues to accelerate the pace of real estate projects and increase the efficiency of the sector

المركز يطلق 7 مبادرات ويؤتمت خدمات ويتعاون مع جهات خدمية لتسريع الاعتمادات ورفع كفاءة تطوير المشاريع العقارية.

White land

Riyadh's white land system to start enforcing fines on unregistered properties soon

أنهى البرنامج رصد الأراضي إلكترونياً بالذكاء الاصطناعي، ودعا الملاك للتسجيل قبل 30 أكتوبر لتجنب غرامات تصل 100%.

Residential program

White Land Program monitors all lands and calls on owners to register before the end of October

Linking Riyadh's land data electronically using artificial intelligence (accuracy >85%) and warning of large fines for non-registrants.

Public Authority for Real Estate considers stabilizing rents for 5 years in all regions of the Kingdom

Plan to generalize the five-year fare stabilization decision across the Kingdom based on monitoring indicators and achieving market equilibrium

The Second Forum Real Estate Balance - Al-Haqeel

Al-Haqeel: Land Registry issues one million records and announces registration of 3 million pieces of real estate

Promotes transparency, preserves owners' rights, and supports the digitization of the real estate sector in accordance with the Kingdom's Vision 2030

Land Registry Logo

October 12. Real estate registration begins in new neighborhoods in three regions

Electronic registration of about 41.5 thousand pieces in 115 neighborhoods in Riyadh, Qassim, and Sharqiya through the Land Registry platform.

Abdulhakim Al-Kharji - 95th National Day

Public Authority for Real Estate. When Governance Meets Rights Protection

A body that regulates the real estate market, licenses brokers, documents contracts, protects rights and enables investment with transparency and discipline.

Residential land

First come, first served. New organization in the distribution of land and loans

المادة 30 تمنح نقطة عن كل سنة انتظار حتى 10، وتضيف نقطتين لطلبات الأراضي غير المخصصة وتشمل قروض الصندوق

Residential land

1500 riyals per square meter: Steps to reserve land through the real estate balance platform

Ministry of Municipalities and Housing to offer 10-40,000 housing plots through Al Tawazun platform with electronic registration until October 23 and announcement of beneficiaries on November 9

Housing Subsidy Program

Housing Subsidy Regulation: The monthly installment amount is set at 33% of the applicant's income

Article 44 establishes a monthly installment of 33% of the applicant's income, with a maximum repayment period of 25 years and conditions for starting the deduction.

Real estate fund

In the updated regulation Requirement to waive Real Estate Fund applications for housing subsidies

The new regulation requires all loan applications registered with the Real Estate Fund to be waived and documented within 30 days.

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