Saudi Arabia launches e-platform to streamline estate distribution

23/01/2024 Argaam
The Real EstateFuture Forum

The Real Estate Future Forum


Saudi Justice Minister Walid Al-Samaani launched the unified e-platform for estate distribution, which aims to speed up and streamline the estate distribution process, from the decedent's death to the heirs receiving their rightful shares.

 

Speaking at the Real Estate Future Forum in Riyadh, Al-Samaani explained that the e-platform aims to streamline estate distribution procedures, promote electronic efficiency, and reduce estate division disputes by properly categorizing them, providing solutions to various issues, and automating most of the process.

 

The e-platform is based on three pillars, determination and notarization, amicable distribution, and enforced distribution.

 

The first approach allows heirs to obtain both a certificate confirming their status as heirs and an estate certificate through seamless data shared with authorities such as the Ministry of Foreign Affairs, the Saudi Central Bank, and the Capital Market Authority.​

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.