Alqanoni

Law of Selling and Leasing Off Plan Real Estate Projects

Art. 26
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The Public Prosecution shall investigate the violations provided for in Article 24 of this Law and prosecute such violations before the competent court. 2. The competent court shall hear cases arising from the violations provided for in Article 24 of this Law and impose penalties on the violators. 3. The competent court may include in the penalty decision a provision to publish its summary at the violator’s expense in a local newspaper published in his area of residence, or, if no newspaper is published in his area of residence, publication shall be made in a newspaper published in the area nearest to his residence, or through any other appropriate medium, according to the type, gravity, and impact of the violation, provided that publication is made after the decision becomes final.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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