The extinction of delusional contracts and the disappearance of regulatory and regulatory agents predominate in the rental industry. Specialists for Al Jazeera:

Experts expected a decline in business volume brought before the courts concerning real estate leases, following the adoption of the lease of the Ministry of Justice in the courts of enforcement, and told "Al Jazeera" that This decision will help reduce the number of leases. cases before the public courts.
Chancellor confirmed the law Yacoub Al-Mutair said that to instruct the Minister of Justice to receive applications for implementation of the unified housing contract in the Execution Courses will greatly reduce cases brought before public courts, including real estate leases. Real estate brokerage and legalization of the parties to the leasing process (lessor, lessee and intermediary) and electronically linking them and verifying ownership of the property and its content and description, thereby overcoming the chaos experienced by real estate offices without a permit.
On the services offered by the "Rent" platform, Al-Mutair indicated that it provided a number of services to parties in the rental process such as contracts and electronic payment, forcing all real estate brokers of all the cities of the Kingdom to document the lease. The validity of the check, bill of exchange and final judgments instruments in the implementation without the need to make claims for payment of property or evacuation and recovery of property or claim the value of the rent through the dates of many hearings in the courts, Al-Mutair explained that she certainly keeps the rights of the lessor, the owner of the property, if the tenant does not meet his contractual obligations and pays the rent, of so that the lessor can easily submit a unified leasing agreement to the execution court of the enforcement judge directly by demanding the payment of rent or by releasing the property without having to go to public courts and so avoid hearing dates that can be lengthy in order to obtain a court order. The real estate office being exempt from VAT, the Ministry of Real Estate must be registered, licensed and accredited by the Ministry of Housing, and set up an electronic platform to receive complaints from the offices of Real estate brokerage to ensure control and quality of work. For its part, the real estate investor Abdullah Al-Otaibi said: The application of the unified lease aims to preserve the rights of all parties to ensure their full rights before the competent authorities in case of dispute between the l & # 39; 39 and one and the other. Disobedience "The unified lease has several effects on the real estate sector, including the strengthening of the rules of confidence in the real estate sector, the improvement of the performance of the sector and the increase of its contribution to the GDP thanks to the 39 existence of an organized and litigation-reduction mechanism that responds to the needs of the beneficiaries and creates a better balance between supply and demand, achieving fair prices for rental real estate units and regulating the work of real estate agents, preserving their rights and providing advanced verification tools limiting the manipulation of fictitious or irregular leases and facilitating the collection of claims.
In the opinion of investor Abdullah Al-Najem that the unified lease will allow reduce the volume of planned Ministry of Justice business related to the rental sector and help support the nation's economy by the rent organization. On the effect of applying the unified contract as an executive measure on the security of investments in the residential rental sector, it improved the performance of the rental sector and increased its contribution to the local product
and allowed the landlord to guarantee the collection of rent without suffering. The rent is now approved by the Department of Justice as an executive document to preserve the rights of the parties to the rental process in a unified form, proof of the residence of government agencies, document the contracts, preserve the rights of all parties to the lease and draft unified leases. How many Arab visitors are sailing today on our site and in case you have questions about this new extinction of delusional contracts and the disappearance of regulatory and regulatory brokers in the leasing sector. Al Jazeera Specialists: Thank you for letting us know or leave a comment below
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