Nearly one million properties granted absolute legal status: real estate registry
977,000 properties in Saudi Arabia have been granted absolute legal status, nearly half of all registered properties, according to the real estate registry spokesperson.
Key Takeaways
AIYazeed Al-Yahya, spokesperson for the Real Estate Registry, said that 977,000 properties have been granted absolute legal status.
In an interview with Al Ekhbariya TV, he added that this figure represents nearly half of all registered properties, out of more than two million real estate records issued.
He explained that absolute legal status is one of the main features of the real estate title registration system, providing the highest level of ownership reliability.
Al-Yahya also noted that the development of infrastructure and geospatial systems by the Real Estate Registry has supported and accelerated the property registration process.