Article 27 of the Saudi Off-Plan Real Estate Sales and Leasing Law

This article deals with the financial fee for the competent authority's services.

The content of the rule:

• The competent authority may charge a financial fee for the services it provides under the provisions of the Law.
• This is as the Implementing Regulations specify.

Two things should be noted about the article:

1. The wording is permissive ("the competent authority may charge"), so it gives the authority the power to impose the financial fee.
2. The article does not set the amount of the fee or the services it is imposed on, but refers this to the Implementing Regulations. The Regulations should therefore be consulted to find out which services are subject to the fee and its amount.

The services meant are those the authority provides "under the provisions of the Law," and the competent authority under Article 1 is the authority competent to apply the provisions of the Law, determined by an order of the Prime Minister.

This article comes after Article 26 on the procedures for hearing the offenses in Article 24, and before Article 28, which requires the official to issue the Regulations within 90 days of the Law's publication.

A developer who needs to know the statutory costs of its project should refer to the Regulations, and may consult a lawyer who specializes in real estate cases.