Ethiopia: Parliament Passes Real Estate Law With Stricter Requirements, Mandates 80 Percent Project Completion Before Home Transfers
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3 Articles
Ethiopia: Parliament Passes Real Estate Law With Stricter Requirements, Mandates 80 Percent Project Completion Before Home Transfers
Addis Abeba -- Legislators have passed a new law that prohibits real estate developers from selling unfinished homes--those with less than 80% construction progress--to buyers.
·South Africa
Read Full ArticleParliament passes real estate law with stricter requirements, mandates 80% project completion before home transfers - Addis Standard
A housing project currently under construction in Addis Abeba by Ayat Real Estate (Photo: Addis Standard) Addis Abeba – Legislators have passed a new law that prohibits real estate developers from selling unfinished homes—those with less than 80% construction progress—to buyers. The “Real Estate Development and Real Property Marketing and Valuation Proclamation,” which has been under consideration for the past eight years, was formally presente…
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Bias Distribution
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50% Center
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