…… continued from before

…… continued from before

Thirty-three important points in the new law requiring official registration of real estate transactions

The second and final part

18. The Housing Foundation and the Ministry of Jihad Agriculture must prepare maps with geographic coordinates and submit them to the document registration organization after inquiring with the relevant organizations.

19. The Ministry of Roads and Urban Development and the Housing Foundation must take action regarding the transfer of government lands and compliance with the relevant contracts.

20. The crime of inserting fake or false documents into the system or transactions is punishable by fine and fine.

21. In the case of apartments that have fines from the commissions of Article 99 and 100 of the Municipal Law, municipalities and districts must issue a certificate of completion.

22. The document registration organization must mention the fines related to the common and private parts in the separate ownership document of each apartment unit.

23. Executive bodies and relevant units must register the information of public and government immovable property in the system.

24. The document registration organization must issue a demarcation document with agricultural use for the plots of agricultural land that have legal occupation.

25. Persons without an official document can perform legal actions in the system up to 8 years after the system is launched.

26. Real estate brokers should not prepare a normal document in transactions subject to this law. Violators will be subject to fines and license suspension.

27. The working hours of notary offices must be at least 44 hours a week and be set in such a way that they are available during the day to register transactions.

28. In case of annulment of the official transaction, the person to whom the annulment is documented is responsible for compensating the damages. Also, the relevant organization must insure the transactions referred to in Article 1.

29. The organization must provide the possibility to prepare the official document of partition between the owners for the properties that have a specific map order and issue a unique identifier for each unit. Also, he must inform the transferee of the expiration of the deadline for the completion of construction operations.

30. Building permit issuing authorities must issue the plan order. Also, the organization should provide access to the instant registration of the building permit map order and completion certificate for these authorities. The executive regulations of this article must be prepared by the relevant organization and approved by the cabinet.

31. Article 15 includes the repeal of some existing legal articles and amendments to the building pre-sale law, which are explained in detail in the previous notes on this page.

32. Amendment of Article 1 of the Building Presale Law: The definition of building presale has been expanded and any contract that obliges the official owner of the land to participate in construction or any contract that includes the commitment to build and deliver a building unit is included in this law.

33. Amendment of Clause 3, Article 2 of the Building Pre-sale Law: adding the text of the issued building permit as one of the annexes to the contract is a new matter.

This post is written by shadmanamini