الهيئة العامة للعقار تُنفذ 37 جولة رقابية خلال شهر سبتمبر لضمان الامتثال في السوق العقاري General Real Estate Authority Conducts 37 Inspection Tours in September to Ensure Compliance in the Real Estate Market
Last September, the General Real Estate Authority, with the participation of relevant government agencies, carried out 37 joint monitoring tours that included visits to 464 real estate facilities in a number of regions of the Kingdom.
The General Real Estate Authority, in cooperation with relevant government entities, conducted 37 joint inspection tours last September, covering visits to 464 real estate establishments in several regions of the Kingdom.
These tours aim to ensure compliance with real estate legislation in general and the real estate brokerage system in particular, in addition to what relates to the jurisdiction of participating government agencies.
The inspections aim to ensure compliance with real estate legislation in general and the Real Estate Brokerage Law in particular, in addition to matters falling under the jurisdiction of the participating government entities.
The authority explained that field work is one of the paths it is working on to regulate the real estate market, as its supervisory teams carried out 14,965 field supervisory audits of billboards and real estate offices during the same period.
The Authority explained that field operations are one of the mechanisms it uses to regulate the real estate market. During the same period, its inspection teams conducted 14,965 field compliance checks on advertising signs and real estate offices.
The audits resulted in monitoring a number of violations, including practicing real estate brokerage activity or real estate services without obtaining a valid license, not exercising the necessary care to verify the accuracy of the information obtained from the property owner or beneficial owner, and not indicating the licensor’s name or license number in advertisements related to the property.
The inspections identified several violations, including conducting real estate brokerage or real estate services without a valid license, failing to exercise due to diligence in verifying information obtained from the property owner or beneficiary, and failing to include the licensee’s name or license number in property advertisements.
The Authority also received 1,542 real estate reports through its various channels, which were dealt with and processed, while the number of electronic surveys reached more than 30,674 operations.
The Authority also received 1,542 real estate reports through its various channels, all of which were addressed and processed. Meanwhile, the number of electronic monitoring operations exceeded 30,674.
The Authority is pursuing electronic oversight targeting digital channels and real estate platforms to verify the regularity of advertisements and digital real estate brokerage practices in accordance with rules and regulations.
The Authority has adopted electronic monitoring targeting digital channels and real estate platforms to verify the legality of advertisements and digital real estate brokerage practices in accordance with applicable laws and regulations.
