Legal & Regulatory
Compliance Officer
Short Definition
Employee responsible for ensuring real estate office compliance with regulations, monitoring procedures and reporting to regulators.
In Other Languages
Arabic
مسؤول الامتثال
موظف مسؤول عن ضمان التزام المكتب العقاري بالأنظمة، يراقب الإجراءات ويقدم التقارير للجهات التنظيمية.
English
Compliance Officer
Employee responsible for ensuring real estate office compliance with regulations, monitoring procedures and reporting to regulators.
Turkish
Uyum Görevlisi
Emlak ofisinin yönetmeliklere uyumunu sağlamaktan sorumlu çalışan; prosedürleri izler ve düzenleyicilere rapor verir.
Related Terms
Fal License
Mandatory license from the Real Estate General Authority to practice brokerage and real estate services, costing SAR 300 per year for individuals, with fines up to SAR 200,000 for unlicensed activity.
Real Estate General Authority (REGA)
Saudi authority regulating real estate sector and licensing brokers and developers, established 2017 to develop and monitor real estate market.