Ejar Will Launch A New Version Of Its Housing Contract
Category: Saudi Arabia

According to Al Eqtisadiah newspaper, Ziad Al-Aqeel, Manager of the e-network, Ejar will soon launch a new version of the housing contract.

In addition, the new contract allows tenants to modify a housing unit, to refer to government agencies, to rent out portions of the unit, and to determine who is responsible for the terms.

Al-Aqeel said the technical connection with Saudi Electricity Company (SEC) will be completed before the end of the first half of 2022.

This is a comprehensive system that aims to develop the housing and real estate market in Saudi Arabia in a balanced way, by creating sustainable solutions for the challenges of the real estate market which preserve all parties' rights.

Rental Services E-Network "Ejar" is considered one of the most important solutions that aim to regulate the relationship between the parties of the rental process (tenant, landlord, and real estate broker) with a set of integrated e-services that will contribute to the development of a tenancy sector characterized by transparency, trust, and neutrality.

The Ejar is a platform for the regulation and facilitation of residential real estate markets through rules and motivational mechanisms that preserve rights and create balance within the market based on safe and accurate standards, and live up to the aspirations of communities with deep-rooted values, flourishing environments and strong ties.

04 May, 2022 0 666
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