Legal Committee Approves Real Estate Law Changes
The Parliamentary Legal Committee approved the amended Real Estate Ownership Law for 2026 after extensive discussions with ministers and officials. The aim is to update real estate legislation, enhance transparency, and stimulate investment. The project includes improving the real estate investment environment, developing market reports and indicators, adopting digital transformation through electronic transactions and signatures, and accelerating procedures for dissolving co-ownership and selling land prior to property development. The law seeks to protect citizens' rights, facilitate procedures, and strengthen confidence in the real estate system, contributing to the sustainability and development of the sector.
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