Article 5 of the Saudi Accredited Valuers Law
المادة 5 من نظام المقيمين المعتمدين
The article requires a person entered in the valuers' register to be a Saudi of full legal capacity and good conduct, not sentenced for a hadd or a disreputable crime, experienced in the branch, and a basic member of the Authority.
Official text (Arabic)
This article has not been amended since the law was issued.
يشترط فيمن يقيد اسمه في السجل أن يكون :
1 ـ سعودي الجنسية .
2 ـ كامل الأهلية .
3 ـ حسن السيرة والسلوك، وغير محكوم عليه بحد شرعي، أو في جريمة مخلة بالشرف أو الأمانة ما لم يكن قد رُد إليه اعتباره.
4 ـ لديه خبرة عملية بالتقييم في الفرع الذي يطلب الترخيص لمزاولته، وذلك طبقاً لما تحدده اللائحة التنفيذية.
5 ـ عضواً أساسياً في الهيئة .
This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers
Article 5 explained in plain English
This article sets out the five conditions that must be met by a person whose name is entered in the register of accredited valuers:
- Nationality: to be of Saudi nationality.
- Capacity: to have full legal capacity.
- Conduct and record: to be of good conduct and behavior, and not sentenced for a Sharia hadd offense or for a crime involving moral turpitude or breach of trust, unless rehabilitated.
- Experience: to have practical valuation experience in the branch for which they seek a license to practice, as the Implementing Regulations specify. The Law does not itself set the length of experience.
- Membership: to be a basic member of the Authority.
Notes:
- The third condition includes an exception: a person who was sentenced for a crime involving moral turpitude or breach of trust and then rehabilitated is not barred because of that sentence.
- Experience is required in the same branch in which the license is sought, which is consistent with the rule of a license for each branch.
Relation to other articles: Article 4 provides for creating a register at the Authority for each branch in which individual valuers are entered, and requires companies to register also in the professional companies register. Article 6 allows the Implementing Regulations to specify valuation work that needs an additional period of experience, which does not count the period of suspension.
A person whose entry was refused, or who has a question about whether the conditions apply to them, may consult a lawyer who specializes in administrative cases (the Board of Grievances).
Practical example
A Saudi engineer in Jeddah has worked for years in real estate valuation at a company and wants to obtain an accredited valuer license. Under the article, the engineer must have full legal capacity, be of good conduct, not be sentenced for a hadd offense or a crime involving moral turpitude or breach of trust unless rehabilitated, have experience in the real estate branch matching what the Regulations specify, and be a basic member of the Authority.
Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.
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Frequently asked questions about Article 5 of the Saudi Accredited Valuers Law
Must an accredited valuer be Saudi?
Yes. One of the conditions for entry in the register is to be of Saudi nationality.
How many years of experience are required for a valuer's license?
The article requires practical valuation experience in the branch sought as the Implementing Regulations specify, and does not set the length itself.
Does a previous sentence bar entry in the register?
It is required that the person has not been sentenced for a Sharia hadd offense or a crime involving moral turpitude or breach of trust, unless rehabilitated.
More articles on Licensing the Practice of Valuation
- Article 3
The article bars any natural or legal person from practicing the valuation profession in any branch unless licensed to practice it in the same branch.
لا يحق لأي شخص ذي صفة طبيعية أو اعتبارية مزاولة مهنة التقييم في أي فرع من فروع التقييم ما لم يكن مرخصاً له بمزاولة المهنة في الفرع نفسه.
- Article 4Amended by M/190
The article creates a register at the Authority for each branch of valuation in which individual valuers are entered, and requires valuers that are companies also to register in the professional companies register at the Ministry of Commerce.
ينشأ في الهيئة سجل لكل فرع من فروع التقييم يقيد فيه أسماء المقيّمين المعتمدين إذا كانوا أشخاصاً ذوي صفة طبيعية . أما إذا كانوا أشخاصاً ذوي صفة اعتبارية فيسجلون
- Article 6
The article refers to the Implementing Regulations the specification of valuation work for which the Authority's Board sees a need for additional experience, and the period of suspension does not count toward that period.
تحدد اللائحة التنفيذية أعمال التقييم التي يرى مجلس إدارة الهيئة ضرورة توافر مدة إضافية من الخبرة لمزاولتها ، ولا تدخل مدة الإيقاف المنصوص عليها في هذا النظام في
- Article 7Amended by M/190
The article regulates the valuers' registration committee of three members including a legal adviser, requires it to give reasons for refusing an application, and lets a refused applicant file a grievance with the Board of Grievances.
أ ـ تشكل في الهيئة بقرار من المجلس لجنة تسمى (لجنة قيد المقيّمين)، من ثلاثة أعضاء يكون من بينهم مستشار قانوني، ومقيّم مزاول من كل فرع من فروع التقييم المختلفة.
- Article 8Amended by M/190
This article provides that the Authority issues the license to practice valuation in the branch named in the registration application after registration in the register, and refers the issuing procedures, fee, term and renewal conditions to the Regulations.
بعد القيد في السجل، تصدر الهيئة الترخيص بمزاولة مهنة التقييم في الفرع الوارد في طلب القيد، وتحدد اللائحة التنفيذية إجراءات إصداره، والمقابل المالي له، ومدته، وش
- Article 9
This article allows the Authority, in accordance with the Implementing Regulations, to consider applications from professionals who are members of other professional bodies for a license to practice valuation, under the conditions in the law.
للهيئة أن تنظر - وفقاً لما تحدده اللائحة التنفيذية- في الطلبات التي يقدمها مهنيون آخرون (أعضاء في هيئات مهنية أخرى) للحصول على ترخيص بمزاولة المهنة، وذلك وفقاً
The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.