Central Bank’s Real Estate Transaction Guidelines
The Central Bank has released new guidelines concerning the process of buying and selling real estate. These instructions mandate that both the seller and buyer must be present to complete the transaction at the designated bank.
To facilitate this process, the guidelines state that opening an account for the transaction should incur no fees. Moreover, an administrative commission for the bank’s services is capped at a maximum of 25,000 dinars.
These developments are part of the Central Bank’s broader efforts to streamline real estate transactions and enhance transparency in the sector. Stakeholders are encouraged to familiarize themselves with these new procedures to ensure compliance and to optimize the transaction process.
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