Article 9 of the Saudi Real Estate Authority Statute

This article sets the CEO's responsibilities: he is responsible for managing the Authority within the limits of the Statute and what the Board decides, and his powers include:

• Management: supervising the progress of work through the approved regulations, plans and programs, forming internal working committees, and seeking help from experts and advisers.
• Proposals and reports: proposing general policies, plans and programs and submitting them to the Board, preparing reports on the implementation of the plans, and preparing the annual report on activity, obstacles and proposed solutions.
• Money: preparing the draft annual budget and the draft final accounts and submitting them to the Board, spending from the approved budget and taking financial measures in accordance with the laws, regulations and powers granted to him.
• Licenses: approving the issuance of licenses within the Authority's jurisdiction.
• Representation: representing the Authority before government bodies, institutions, authorities and others inside the Kingdom and abroad, and before the judiciary.
• Contracts: signing agreements, protocols and contracts after the Board's approval.
• Decisions: issuing the decisions necessary to carry out the Statute and the approved regulations and rules according to his powers.
• Participation: organizing the Authority's participation in conferences and exhibitions locally, regionally and internationally.

The CEO may delegate some of his jurisdiction to those of the Authority's staff he sees fit. The article was amended by Council of Ministers Resolution No. (426) dated 5/8/1443 AH.

The practical meaning for the real estate investor is that the decision approving a license is issued by the CEO or his delegate, and that the CEO represents the Authority in cases concerning it. Anyone with a dispute with the Authority would do well to consult a lawyer specializing in administrative cases.