المملكة: It includes 55 documents .. offering the procedural guide to selling and renting real estate projects on the map
The guide includes 55 organizational documents covering the various procedural aspects of the sale and leasing process on the map, including the registration of real estate developers, as it includes the registration of legal and natural persons in the registration record of the developers, requests for raising evaluation points and updating them, in addition to procedures for suspending the registration or removing it from the record.
The guide also deals with procedures related to the approval of consulting offices and legal accountants, and changing them or canceling their accreditation, in addition to issuing and renewing marketing, selling and renting licenses for real estate projects on the map, whether it is with or without money receiving.
The guide also includes the mechanisms for returning funds for buyers and tenants, organizing exchange operations from the warranty account, and the suspension or cancellation of licenses in the event of violations.
The guide includes a set of regulatory procedures related to project development, such as dividing the real estate project into ranges, updating its data, changing the number of its units, or amending its contracts and agreements. It also includes guidelines on specifications change notices, procedures for canceling or reselling and renting real estate units, changing the project name or updating the developer data.
It organizes the procedures for reforming defects, completing projects, and replacing the developers of replacement projects, which enhances transparency and efficiency in the real estate sector.
This guide comes within the efforts of the General Real Estate Authority to organize the sector of selling and renting real estate projects on the map, raising the level of governance, and ensuring the rights of all parties, in a way that contributes to achieving the goals of the Kingdom’s 2030 vision to enhance sustainability and growth in the real estate sector.
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