{"id":23490,"date":"2018-12-30T10:49:43","date_gmt":"2018-12-30T07:49:43","guid":{"rendered":"https:\/\/www.amlak.net.sa\/home\/?p=23490"},"modified":"2018-12-30T10:49:43","modified_gmt":"2018-12-30T07:49:43","slug":"%d8%a7%d9%84%d8%b1%d9%8a%d8%a7%d8%b6-%d8%b9%d8%a7%d8%b5%d9%85%d8%a9-%d8%a7%d9%84%d9%85%d9%85%d9%84%d9%83%d8%a9-%d8%a7%d9%84%d8%b9%d8%b1%d8%a8%d9%8a%d8%a9-%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af%d9%8a","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/23490\/","title":{"rendered":"40 thousand rulings issued by the courts in favor of those affected Riyadh Administrative Court issues a ruling in favor of those affected by the Real Estate Fund"},"content":{"rendered":"

The Second Administrative Chamber of the Administrative Court of Appeals in Riyadh has announced that it has upheld Real Estate Fund Judgments<\/a> issued to them by the administrative courts to cancel the negative decision of the Real Estate Fund. During the session held on Thursday, 20 Rabi'II, 1440, the court ruled in favor of those affected, supporting the 40,000 rulings issued by the administrative courts in favor of those affected in all regions of the Kingdom.<\/p>\n\n\n\n

Riyadh court decision<\/h3>\n\n\n\n

The Riyadh Court of Appeals ordered Real estate fund<\/a> Applying the third paragraph of the Council of Ministers Resolution No. 82 dated 5\/3\/1435 AH, which stipulates that applicants to the Real Estate Fund before 7\/23\/1432 AH should be treated according to the procedures in force before the implementation of the housing support organization, and obligating the Real Estate Fund to lend each beneficiary 500 thousand riyals from its capital and cancel its negative decision that transferred them to commercial banks.<\/p>\n\n\n\n

Regarding the case, Mr. Ahmed Al-Qahtani, the official spokesperson for the real estate fund victims, explained that the ruling was made in favor of the victims and the real estate fund submitted a request to appeal the rulings and we sat several sessions in the Court of Appeals and the real estate fund was given sufficient time to provide a defense of its decision and respond to the complaint of the victims, but it was unable to convince the Court of Appeals of the validity of its decision, which made our argument strong and thus the Administrative Court of Appeals supported the rulings of the lower courts, which stipulated the annulment of the negative decision of the Real Estate Fund and obligated to comply with the third paragraph of Cabinet Resolution No. 82.<\/p>\n\n\n\n

40 thousand verdicts in favor of the Fund's beneficiaries<\/strong><\/h3>\n\n\n\n

Regarding the number of rulings issued to those affected, Al-Qahtani explained that the number of preliminary rulings issued to those affected exceeded 40,000, and tens of thousands of cases are still pending in the administrative courts awaiting their dates to obtain rulings.<\/p>\n\n\n\n

It is worth mentioning that the case of the real estate fund sufferers has been going on for more than two years<\/p>\n\n\n\n

The Real Estate Fund stopped lending to the 500,000 citizens and turned them over to commercial banks to lend to them<\/p>\n\n\n\n

As a result, citizens were faced with obstacles, prohibitive bank conditions and high interest rates that prevented them from obtaining their loans, so they resorted to the judiciary to seek justice, which they did.<\/p>\n\n\n\n

In the same context, Al-Qahtani said that the Real Estate Fund justified its lack of sufficient budget, forgetting that the loans of 120,000 citizens were approved before the organization of housing subsidies and their loan amounts were allocated, in addition to the generous support that the Real Estate Fund receives annually from the kings of the Kingdom throughout the history of the Fund, and there are amounts collected from previous loans amounting to 6 billion riyals annually.<\/p>\n\n\n\n

====<\/p>\n\n\n\n

Statistics and figures in the news<\/strong><\/h3>\n\n\n\n

40,000 rulings issued by administrative courts in favor of those affected in all regions of the Kingdom.<\/p>\n\n\n\n

Ruling to lend each beneficiary 500,000 riyals from the fund's capital.<\/p>\n\n\n\n

 Rescinding the negative decision of the fund that transferred beneficiaries to commercial banks.<\/p>\n\n\n\n

The ruling is in accordance with the third paragraph of Cabinet Decision No. 82.<\/p>\n\n\n\n

There are tens of thousands of cases still pending.<\/p>\n\n\n\n

The Real Estate Fund has stopped lending to the 500,000 citizens and turned them over to commercial banks to lend to them.<\/p>\n\n\n\n

120 thousand citizens have been approved by the Real Estate Fund.<\/p>\n\n\n\n

120,000 citizens were approved before the organization of housing subsidies.<\/p>\n\n\n\n

The Real Estate Fund has stopped lending to the 500,000 citizens and turned them over to commercial banks to lend to them.<\/p>\n\n\n\n

120 thousand citizens have been approved by the Real Estate Fund.<\/p>\n\n\n\n

120,000 citizens were approved before the organization of housing subsidies<\/p>\n\n\n\n

120 thousand citizens have been approved by the Real Estate Fund.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The Second Administrative Chamber of the Administrative Court of Appeals in Riyadh announced that it has upheld the rulings of the Real Estate Fund victims issued by the administrative courts to cancel the negative decision of the Real Estate Fund. During a session held on Thursday, 20 Rabi'II, 1440, the court ruled in favor of those affected, supporting 40,000 rulings issued by the administrative courts in favor of those affected ... Read more<\/a><\/p>","protected":false},"author":10,"featured_media":19443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"\u0627\u0644\u0631\u064a\u0627\u0636 .. \u0623\u0639\u0644\u0646\u062a \u0627\u0644\u062f\u0627\u0626\u0631\u0629 \u0627\u0644\u0625\u062f\u0627\u0631\u064a\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0641\u064a \u0645\u062d\u0643\u0645\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u0639\u0646 \u062a\u0623\u064a\u064a\u062f\u0647\u0627 \u0623\u062d\u0643\u0627\u0645 \u0645\u062a\u0636\u0631\u0631\u064a \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a","_seopress_titles_desc":"\u0627\u0644\u0623\u0639\u0644\u0646\u062a \u0627\u0644\u062f\u0627\u0626\u0631\u0629 \u0627\u0644\u0625\u062f\u0627\u0631\u064a\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0641\u064a 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