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وكالة الانباء الاردنية
House Approves Real Estate Ownership Law
The House of Representatives approved an amended draft law of the Real Estate Ownership Law for the year 2026, aimed at enhancing fairness in the appraisal of compensation when expropriating properties for public interest purposes. The law includes clear criteria for valuing properties by balancing administrative pricing with actual sale prices, taking into account factors such as size, location, and zoning. It emphasizes that the valuation should not be older than one year from the date of expropriation. Additionally, the amendments increase the compensation margin percentage to 20% and provide exceptions for railway lines. They also regulate the procedures for announcing expropriation compensations, organize methods of payment, and simplify the real estate appraisal processes to ensure citizens' rights and achieve justice in compensation.
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