<\/p>\n
The Saudi Organization for Certified Valuers (Taqeem) concluded a specialized training course on expropriation of real estate for public benefit and temporary seizure of real estate, which was held recently, and attended by nearly 30 trainees, in cooperation with the Royal Institute of Chartered Surveyors (RICS).<\/p>\n
This is the first course offered by Taqeem Academy, the Authority's educational arm, on this topic, and is scheduled to be held several times during this year and next year according to the plan set for the training programs. The course targets a segment of those involved in valuation work - before the implementation of the valuation system - and those interested in participating in expropriation committees for public benefit and temporary seizure of real estate, noting that this course will represent one of the basic requirements for experienced members of valuation committees.<\/p>\n
This training program comes as part of a package of integrated solutions that include automating expropriation procedures to eliminate delays and shorten the time from the issuance of the expropriation decision to the payment of compensation, the inclusion of internationally recognized valuation methods in the draft executive regulations of the system, in addition to the use of experienced members of the Authority in valuation committees to ensure efficiency, avoid conflict of interest, adherence to the code of ethics and conduct of the valuation profession, and tighten oversight.<\/p>","protected":false},"excerpt":{"rendered":"
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