Al-Marsad Newspaper: The sources indicated that the approval of the real estate registration system was issued, provided that the real estate documentation systems in force before the enforcement of the real estate registration system on real estate that are not located in the declared areas will continue.
Real estate registration
According to “Okaz”, the system of the General Real Estate Authority granted the jurisdiction to register the real estate in kind and assign the registration to private sector companies, and the authority undertakes the establishment of the real estate registry, with the obligation to include contracts and obligations, the desire for the benefit of the property. It includes lease contracts if they are for a period of 10 years or more.
The competent authority is concerned with the in-kind registration, and it may seek the assistance of government agencies or assign to private entities to perform what it deems of its related functions. The competent authority establishes the real estate registry, supervises everything related to it, and performs all procedures related to it. The competent authority ensures the correctness and accuracy of real estate information and data. The competent authority also owns the exclusiveness of the real estate registry and its data, and it has the right to invest the registry data with types of commercial exploitation, and make it available to beneficiaries at fair prices that support development. as specified by the regulation.
Absolute authenticity of the record in the proof
The real estate registration system confirmed that the record should have absolute authenticity in the evidence, and its content works before the judiciary and all parties without additional evidence, and it may not be appealed unless the appeal is due to a clerical error or forgery, and the record must contain the descriptions of the property, and all the rights in kind that It responds to it and the obligations that follow it.
data disclosure
According to the system, the real estate area is determined by a decision issued by the competent authority, provided that the decision includes a precise definition, clear landmarks for the area and the period specified for receiving requests for the first in-kind registration, and it is announced by any appropriate means specified by the decision. The system for the first in-kind registration stipulated that the property – with the exception of state-owned properties – should have a title deed that meets the legal requirements, and that the property must be complete with geospatial data.
How does the victim act?
The system grants every interested party the right to object to the first in-kind registration before the competent court, unless the registration acquires absolute authenticity in accordance with the provisions of the system.
The system revealed that the first in-kind registration acquires absolute authenticity after the lapse of a year from the date of publishing the owners’ lists, and the victim of the first in-kind registration, after gaining absolute authenticity, has the right to resort to the competent court and request compensation from the offender without the right to request cancellation of the first in-kind registration or the amendment of his data or rights contained therein.