The Saudi Ministry of Justice has announced that more than 50 million real estate documents have been digitized under the Real Estate Title Digitization Initiative, one of the ministry’s initiatives in the National Transformation Programme.
The digitization process goes through several steps at the 24/7 central digitization labs spread across the kingdom, the largest of their kind in the Mena region.
These include listing and collection of documents, entry and revision, transfer to digitization labs, sterilization and restoration, scanning and archiving, and quality control.
"The processed deeds include 3-m-long deeds over 100 years old," said a spokesman for Ministry of Justice.
"The central archiving facility for digitized documents is one of the largest archiving buildings in the Mena region, having a capacity for more than 115,000 m of documents," he stated.
According to him, the Real Estate Title Digitization Initiative aims to digitize 100 million real estate documents of various kinds, in order to enable the digitization of property transactions and pave the way for a real estate exchange.
The initiative has brought four services such as the digitization of property deeds, e-payment of property transaction tax, e-conveyance of property within 60 minutes, and real estate units subdivision units within seconds rather than months, he added.-TradeArabia News Service

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