• 1- The words and terms mentioned in this Regulation shall have the meanings specified before each of them in Article (1) of the Real Estate Mediation Law, issued by Royal Decree No. (M/130) on 30/11/1443 AH, unless the context requires otherwise.

• 2- The following words and terms - wherever mentioned - in this Regulation shall have the meanings specified before each of them, unless the context requires otherwise:

  • License: Authorization issued by the Authority to a natural or legal person to practice real estate mediation or real estate services.

  • Real Estate Advertising License: Authorization issued by the Authority for visual, written, or audio advertising for the disposal of real estate by any means.

  • License Applicant: The person who submits a license application to the Authority.

  • Committee: The committee responsible for reviewing violations of the provisions of the Law and Regulation and imposing penalties.

  • Electronic Platform: An electronic platform affiliated with the General Authority for Real Estate.

  • Responsible Manager: The manager legally authorized to manage the establishment.

1- The Authority shall establish a guide for classifying the licenses it issues, according to specific criteria issued by the Council.
2- The practice of the activity is limited for the licensee within the scope of the license.
3- All employees practicing real estate services in licensed establishments must complete the qualifying program for each activity before practicing and registering on the electronic platform.
4- The provision of services (facility management, property management, real estate auctions) is limited to licensed establishments.
 

The following conditions must be met for the license to practice real estate mediation or real estate services for natural persons (individuals):
1- Reaching the age of (18) years.
2- The license applicant must have full capacity, and must not have been convicted of a crime that is detrimental to honor or trust unless their status has been restored.
3- Passing the qualifying program for each activity.
4- Payment of the licensing fee, except for the license to practice real estate marketing and advertising.
5- Any other conditions stipulated in the executive regulations.

• The following conditions must be met for the license to practice real estate mediation or real estate services for legal entities (establishments):

• 1- A valid commercial registration that includes the activities for which the license is sought.

• 2- The responsible manager must have full capacity and must not have been convicted of a crime that is detrimental to honor or trust, unless their status has been restored.

• 3- The responsible manager must be qualified to practice the activity as determined by the authority.

• 4- Payment of the financial fee for the license, except for the license to practice real estate marketing and advertising.

• 5- Any other conditions stipulated in the executive regulations.

The real estate broker and the provider of real estate services are obligated to obtain a real estate advertisement license for each announcement, after fulfilling the financial consideration for that. The authority issues the license after the completion of the claim.

The duration of the license is (one year), and it may be extended for a period not exceeding (five) years.
 

The license is renewed upon a request submitted by the real estate broker to the authority, within a period of (sixty) days before its expiration date, and after fulfilling the financial fee for the renewal.