Transition gaps may hinder new property registration

March 30, 2015 | BY

clpstaff

The new national property registration system aims to streamline processes and provide a unified database, but it is hampered by the lack of clarity in the implementing rules, which may make the transition difficult

The State Council's Tentative Regulations for the Registration of Immovable Property that went into effect on March 1 seek to consolidate a property registration system that – if implemented vigorously – have the potential to increase transparency, reduce