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Articles of property... Sami Abdulaziz writes: Managing Legal Affairs in Companies

Reading time: 2 MinutesCompanies need a legal framework within which to operate in order to obtain all their rights and fulfill all their obligations towards the state and individuals, so having a legal department that knows the laws, rules and regulations governing

21/11/2022

Sami Abdulaziz - Real Estate Articles
Auction - Courts

Courts to conduct nearly 4,000 auctions in 2023

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

Ministry of Commerce - Saudi Companies

Advantages of amending the articles of incorporation under the new system

The ministry outlines online procedures on business.sa for amending articles of incorporation and encourages companies existing before January 19, 2023 to take the initiative.

Ministry of Commerce Financial Statements Filing

التجارة تدعو الشركات لتعديل عقد التأسيس وفق النظام الجديد عبر “منصة الأعمال”

شركات تأسست قبل نفاذ النظام مطالبة بتعديل عقد التأسيس إلكترونياً عبر منصة الأعمال دون رسوم نشر مؤقتاً.

Public Authority for Real Estate - Off-plan Selling

30 articles in the off-plan real estate sales and leasing system limit violations

Effective from April 4, 2024, the system regulates developer licenses, oversight and disclosure and protects the rights of all parties to the contractual relationship.

More than 3400 building permits issued through Baladi platform in Al Bahah in 2023

أمانة الباحة وبلدياتها أصدرت أيضاً 6803 رخص تجارية و1703 تصاريح حفريات عبر منصة بلدي.

Public Authority for Real Estate spokesperson Tayseer Al-Mafraj

Starting January 15 Electronic payment of residential leases is mandatory

KDIPA clarifies the application of the mechanism to new residential contracts starting January 15 and the obligation to pay through Ejar platform only.

Off-plan sales

بنصوصها.. 30 مادة تحكم نظام بيع وتأجير مشروعات عقارية على الخارطة

يُلزم المطورين بالتسجيل والحصول على ترخيص وبدء الإنشاء خلال ستة أشهر وتعويض المشترين عند التأخير.

Building license via Baladi platform

Al-Haqeel approves amendments to the executive regulations of the Contractor Classification System

The regulation stipulates the issuance of the classification certificate electronically for two years and verification procedures and requirements for accounting books and records.

Real estate applications

Ihkam reveals 5 conditions for real estate ownership applications in Saudi Arabia

The application must be submitted before 5/5/5/1444 AH, final title deed, cadastral report, representative's ID and Ihkam account registration

Zakat, Tax and Customs Authority

Zakat Commission reveals cases in which real estate transaction tax can be refunded

Commission: Refunds are available upon payment without canceling the sale, and the money is returned to the same IBAN account.

“الوطنية للإسكان” و”تطوير المربع الجديد” يوقعان مذكرة تفاهم لتطبيق معايير تقييم الاستدامة

تهدف لتطبيق نظام تقييم الاستدامة بمشروع تطوير المربع الجديد الذي يضم أكثر من 100 ألف وحدة سكنية.

Jazan Chamber

ورشة عمل بغرفة جازان عن “نشر الوعي لخدمات وبرامج التطوير العقاري”

التعاون مع شؤون الإسكان تضمن محاور حول تقنيات البناء، تنمية القدرات وتحفيز الاستثمار في المعروض السكني.

Who is a real estate developer?

شروط الحصول على رخص الاستشارات والتحليلات العقارية ومزاياها

الهيئة اعتمدت لائحة تُلزم الترخيص وتحدد المؤهلات والخبرات وبرنامجًا تأهيليًا لمدة ستة أسابيع.

Board of Directors Meeting

The Board of Directors of the Public Authority for Real Estate holds its 25th meeting and approves 2023 targets

The Board approved KDIPA's targets for 2024 and reviewed the governance of the strategy, the progress of the legislative system, and the structure of real estate registration.

CEO of the Saudi Geological Survey, Engineer Abdullah Al-Shamrani

“Geological Survey” launches the third international mining conference on January 9

Geological Survey gathers international survey leaders in Riyadh to promote cooperation, exchange expertise and support the sustainability of mineral exploration.

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