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Saudi Crown Prince Grants Extension for Study to Regulate Landlord-Tenant Relationship

Summary
The study is crucial in ensuring fairness in rental transactions for all involved parties and protecting beneficiaries from any fluctuations ...

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On the basis of the recommendations made by the General Authority for Real Estate and the relevant bodies concerning the adoption of the necessary procedures to regulate the relationship between tenants and tenants, and in order to ensure that the regulatory requirements for the proposed solutions are met and that they are inclusive of all residential, commercial and office assets, the Crown Prince Mohammed Bin Salman bin Abdulaziz Al Saud direc…

·Mecca, Saudi Arabia
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Riyadh, July 1, 2025 Saudi Crown Prince and Prime Minister Prince Mohammed bin Salman has directed that the study period for regulating landlord-tenant relationships be extended to no more than (90) days, and that all requirements be completed to ensure a balance between the interests of all parties in the real estate sector. This comes in response to a submission by the General Authority for Real Estate and relevant authorities regarding the ne…

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World News broke the news in United States on Tuesday, July 1, 2025.
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