90 Days
Source:
سواليف
Does the real estate law draft include new taxes or fees?
The Land and Survey Department confirmed that the Real Estate Ownership Bill aims to facilitate the enforcement of joint ownership termination transactions and digitalize real estate procedures, including allowing electronic sales and digital signatures. It also stipulates that expropriation compensation be paid within five years, with late payment compensations, without imposing new taxes or fees, to support investment and invigorate the real estate sector. The law contributes to organizing sales processes based on plans and encourages the construction and real estate development sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)