Housing and Justice Ministries launch the digital rent network “Ejar”
The Ministries of Housing and Justice launched the digital rent network
“Ejar” today in cooperation with a number of government agencies, and
participation of the Interior and Communication ministries.
The network will provide many electronic services to all parties of the
rental process, such as contract documentation and e-payments. The
network will guarantee the commitment of all real estate agents in the
Kingdom’s cities to document the unified lease contract, which is the
format adopted by the government as an executive bond.
Within the context of revamping the Kingdom's housing sector, 16
government agencies have recently launched the Housing Program to
achieve the Kingdom's Vision 2030, which aims to raise the percentage of
real estate ownership among citizens to 70% by 2030.