{"id":14661,"date":"2017-02-12T11:11:00","date_gmt":"2017-02-12T08:11:00","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=14661"},"modified":"2017-02-12T11:11:00","modified_gmt":"2017-02-12T08:11:00","slug":"%d9%85%d8%ad%d9%83%d9%85%d8%a9-%d8%aa%d9%86%d9%81%d9%8a%d8%b0-%d8%ac%d8%af%d8%a9-%d8%aa%d8%b5%d8%af%d8%b1-%d8%ad%d9%83%d9%85%d8%a7%d9%8b-%d8%a8%d8%a8%d9%8a%d8%b9-%d8%b9%d9%82%d8%a7%d8%b1-%d9%85%d8%b1","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/14661\/","title":{"rendered":"Jeddah Execution Court rules to sell mortgaged property worth 250 million riyals"},"content":{"rendered":"<p>The Enforcement Court in Jeddah issued a ruling ordering the sale of a property valued at 250 million riyals, located in a strategic area of Jeddah and owned by a merchant, to settle his debt with a bank.<\/p>\n<p>A court source noted that the ruling came after the bank filed a complaint with the Enforcement Court seeking payment of 200 million riyals from a real estate dealer, explaining that the bank was able to provide documentation supporting the amount it was claiming, which contributed to the court\u2019s issuance of an enforceable judgment in its favor.<\/p>\n<p>The bank had filed the complaint after the payment deadline had passed, stating that it had enlisted the help of law enforcement agencies to identify the merchant\u2019s assets through official channels, A property valued at more than 250 million riyals was identified, and a decision was issued to sell it and settle the bank\u2019s receivables.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>The Enforcement Court in Jeddah has issued a ruling ordering the sale of a property valued at 250 million riyals, located in a strategic area of Jeddah and owned by a businessman, to settle his debt with a bank. A source at the court indicated that the ruling came after the bank filed a complaint with the Enforcement Court demanding that a real estate merchant pay 200 million riyals, explaining that the bank was able to provide evidence of the amount that \u2026 <a title=\"Jeddah Execution Court rules to sell mortgaged property worth 250 million riyals\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/14661\/\" aria-label=\"Read more about the Jeddah Enforcement Court issuing a ruling to sell a mortgaged property valued at 250 million riyals\">Read more<\/a><\/p>","protected":false},"author":10,"featured_media":14670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[119],"tags":[],"class_list":["post-14661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-finance"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak 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