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Thursday, 07 April 2022 / 04:37 PM
Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly and Minister of Justice Counsellor Omar Marwan.
The Spokesman for the Egyptian Presidency stated that the meeting discussed efforts being made to develop the real estate registration system in Egypt.
In this context, Counsellor Omar Marwan presented the new advanced models of real estate registration applications and transactions. Counsellor Marwan also reviewed amendments of the Real Estate Registration Law No. 9 of 2022 to facilitate the procedures for registering property. The most prominent amendments put forward are:
There shall be no requirement for a registered contract; procedures shall be reduced; provisions shall be implemented without repeating the procedures; a time limit shall be set for the registration period; access to survey data for real estate shall be provided from multiple parties; registration applications shall be submitted electronically; and the payment of real estate taxes shall be separated from the registration procedures.
In this regard, President El-Sisi stressed the need to further enhance the working mechanisms in the registration system and the documents issued by it. His Excellency also called for strengthening efforts contributing to the governance of the registration system and the expansion of quick and special services for real estate registry, given its importance and the fact that all segments of citizens in Egypt use it daily.
Thursday, 07 April 2022 / 04:37 PM
Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly and Minister of Justice Counsellor Omar Marwan.
The Spokesman for the Egyptian Presidency stated that the meeting discussed efforts being made to develop the real estate registration system in Egypt.
In this context, Counsellor Omar Marwan presented the new advanced models of real estate registration applications and transactions. Counsellor Marwan also reviewed amendments of the Real Estate Registration Law No. 9 of 2022 to facilitate the procedures for registering property. The most prominent amendments put forward are:
There shall be no requirement for a registered contract; procedures shall be reduced; provisions shall be implemented without repeating the procedures; a time limit shall be set for the registration period; access to survey data for real estate shall be provided from multiple parties; registration applications shall be submitted electronically; and the payment of real estate taxes shall be separated from the registration procedures.
In this regard, President El-Sisi stressed the need to further enhance the working mechanisms in the registration system and the documents issued by it. His Excellency also called for strengthening efforts contributing to the governance of the registration system and the expansion of quick and special services for real estate registry, given its importance and the fact that all segments of citizens in Egypt use it daily.
All rights reserved to the presidency Copyright © 2020
All rights reserved to the presidency Copyright © 2020