House debates amended real estate law
The Jordanian House of Representatives discussed the draft law amending the Real Estate Ownership Law, aimed at enhancing the investment environment in the real estate sector through improved transparency, accelerated procedures for eliminating joint ownership, and the unification of digital systems to facilitate sales and subdivision processes. The law includes changes to the requirements for subdividing properties, provisions for paying compensation for expropriations within five years, and seeks to encourage investment while establishing more flexible and effective procedures in the real estate market.
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