{"id":86747,"date":"2015-03-04T11:21:59","date_gmt":"2015-03-04T08:21:59","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=3097"},"modified":"2015-03-04T11:21:59","modified_gmt":"2015-03-04T08:21:59","slug":"%d9%85%d9%84%d8%aa%d9%82%d9%89-%d8%a7%d9%84%d8%a3%d9%86%d8%b8%d9%85%d8%a9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-%d9%8a%d9%86%d8%a7%d9%82%d8%b4-%d9%81%d9%8a-%d8%ac%d9%84%d8%b3%d8%aa%d9%87","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/86747\/","title":{"rendered":"Real Estate Systems Forum discusses real estate documentation issues in its second session"},"content":{"rendered":"<p><strong>Dr. Khalid Al-Hussain, Dean of the College of Law at King Faisal University in Al-Ahsa, chaired the second session of the Real Estate Regulations Forum, which focused on the development of real estate registration. During the session, Dr. Ahmed bin Abdulaziz Al-Omari, a judge at the Supreme Court, listed the obstacles facing real estate documentation, namely inconsistencies in title deeds, the history of neighborhoods, and large tracts of land. He emphasized that the Supreme Court must issue guidelines on this matter and resolving the delay in issuing title deeds due to the large number of cases and procedural delays. Therefore, courts should be electronically linked to the government agencies required to issue such documents, and special departments should be established for title deeds related to small properties and endowments, and clarifying the rulings and procedures that ensure property titles and proof of ownership are valid and enforceable in the event of a dispute, as well as modern real estate documentation.<\/strong><\/p>\n<p><strong>For his part, Sheikh Abdulrahman Al-Bujaber noted that real estate registration has undergone significant developments since the establishment of notary offices in the Kingdom, most notably the abolition of fees previously imposed on real estate procedures and the elimination of the requirement for multiple witnesses in sales transactions involving government and private developments, with a single witness now sufficient for the woman, provided he is a mahram to her. Al-Bujaber added that among the measures the Ministry has implemented to develop real estate notarization is the provision regarding corporate contracts, which decouples the notarization of articles of incorporation, amendments, and corporate resolutions from the notary public whose office is located within the territorial jurisdiction of the notary public where the company\u2019s headquarters is situated and issuing a documentation system so that notaries can perform the duties of a notary public in accordance with the provisions of the regulations governing documentation work.<\/strong><\/p>\n<p><strong>\u00a0Dr. Omar Al-Khouli, a professor of law at the College of Law at King Abdulaziz University, noted the issuance of the \u00abMortgage Law\u00bb pursuant to a Cabinet decision. The regulation aims to regulate the contractual relationship between financial institutions and those seeking financing from them, thereby enhancing creditworthiness by requiring adequate collateral in exchange for the financing. .<\/strong><\/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>\u062a\u0631\u0623\u0633 \u0627\u0644\u062f\u0643\u062a\u0648\u0631 \u062e\u0627\u0644\u062f \u0627\u0644\u062d\u0635\u064a\u0646 \u0639\u0645\u064a\u062f \u0643\u0644\u064a\u0629 \u0627\u0644\u062d\u0642\u0648\u0642 \u0628\u062c\u0627\u0645\u0639\u0629 \u0627\u0644\u0645\u0644\u0643 \u0641\u064a\u0635\u0644 \u0628\u0627\u0644\u0623\u062d\u0633\u0627\u0621 \u0627\u0644\u062c\u0644\u0633\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0645\u0646 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