Activity code 682020 and the property manager's qualification

What the source says

The Authority's service page lists what is needed to obtain a Fal licence for property management. First comes a valid commercial registration that includes the activity of managing real estate for a commission, code 682020. Second, the manager responsible for the firm must complete the qualification programme, the property management course.

The fourth article of the brokerage law's implementing regulation adds the personal conditions: full legal capacity, and no conviction for an offence involving honour or trust unless the person has been rehabilitated. The page shows a fee of SAR 1,000 per year and says that cost and duration vary by type of service.

The regulation sets the licence term: one year, extendable up to five years (article 7), with a renewal request due 60 days before expiry (article 8).

When it matters to you

If you plan to offer property management, check before applying that your commercial registration includes code 682020 and that your responsible manager has completed the qualification. That puts you in a position to prepare the eligibility document the platform asks for in the property management family, and to keep it current before its expiry date.

If you are an owner, ask the firm you are about to hire for its licence and its registered activity. The application itself is made through the Authority's channels, not through Thibrh.

What this article does not cover

The page does not publish the format of the licence number. The SAR 1,000 is the Authority's service fee; it is neither the price of a property management service nor a Thibrh subscription. This is general information from a published source, not legal advice, and the official procedure takes place on the Authority's platform.