Saudi Arabia to Provide the Fastest Online Service for Disposal of Property
Here are the steps for the disposal of properties:
1. Log into the Najiz portal through the Nafath App that allows unified central access to all service providers by verifying the user’s identity.
2. Choose ‘all electronic services’.
3. Choose the ‘Mortgages and Real Estate’ package.
4. Log in to the ‘electronic real estate disposal’ service.
5. Click on the ‘Submit a new application’ icon.
6. The seller (owner) access into the real estate ownership transfer service.
7. Select the desired property from the list.
8. Add the seller’s bank account.
9. The application can be followed up through the real estate list, using the reference number of the application.
10. The existing property transfer request is approved by the buyer through entering the real estate, and after 24 hours the money shall be transferred to the seller.
11. The amount will be sent to the seller and the new real estate deed will be issued to the buyer.
Pascale Dona joined Thomson Reuters in 2014 as Content Specialist. In 2007, Pascale graduated from the Lebanese University with a Bachelor’s Degree in Law, then moved to France and completed her Master’s degree in International Law from Nice Sophia Antipolis University. Pascale has more than 10 years of experience as legal Specialist in Lebanon and UAE. She is a native Arabic speaker and proficient in English and French.
Pascale is currently a Senior Legal Editor for Thomson Reuters MENA. She is based in Dubai and is responsible for maintaining and providing the latest legal content for the MENA region.