Article 2 of the Saudi State Leasing of Real Estate Law

This article sets out the aims the Law was made to achieve, which are five objectives:

1. Regulating leasing operations: that the State's leasing of real estate be through government bodies according to these bodies' needs.
2. Rationalizing the financial costs of government bodies' real estate leasing operations.
3. Developing the use of the leased real estate by government bodies.
4. Strengthening the principles of governance and establishing the principles of transparency and efficiency in these operations.
5. Unifying the body that supervises government bodies' real estate leasing operations.

This article does not create direct rights or obligations, but it helps in understanding and interpreting the other articles. For example, the objective of unifying the supervising body is connected to the definition of "the Authority" in Article 1, which is the General Authority for State Real Estate. The objective of regulating according to need is also connected to Article 3, which requires the government body to prepare an annual plan for its real estate leasing in coordination with the Authority.

For a real estate owner who wishes to lease to a government body, these objectives give an idea of the spirit of the Law: organized and transparent procedures, and care that costs beyond the need are not paid.