RIYADH — Real property e-conveyances have increased to nearly 66,000 transactions since the launch of the e-conveyance service in March 2020, announced the Ministry of Justice (MoJ).

“The service is available through the Najiz.sa portal at ept.moj.gov.sa,” the MoJ said. “In cooperation with the Saudi Central Bank, the ministry made it available through 17 local and international banks.”

The service has been streamlined to enable electronic agreement on sale terms without a notary’s certification, so that the operation is completed in less than 60 minutes.

It had also enabled digital verification of bank accounts and payment of property transaction tax.

As part of several reforms and development initiatives, the Ministry of Justice is working on enhancing digitization and providing innovative tech solutions that facilitate services, simplify procedures and boost security. — SG