Government: £ 2,000 as a standard fee to authenticate real estate units in the real estate month

The government denied reports on some websites and social media pages about the obligation of the citizen to pay 7% of the property value as a tax for registration in the real estate property registry. The Media Center of the Council of Ministers contacted the Ministry of Justice, which denied these reports, confirming that there is no validity to force the citizen to pay 7% of the value of the property as a tax to be registered in the Property Registry.

He explained that real estate registration fees in the month of real estate were reduced to a maximum of 2,000 pounds per real estate unit, regardless of its size or financial value, in accordance with the amendments issued by Law No. 83 of 2006 on documentation fees, as part of the state’s effort to encourage citizens to register their properties in a timely manner. Formal.

In a related context, real estate registration fees were changed to a fixed amount rather than the proportionate property value fee, as the registration fees for built real estate, space land and the like were changed to 500 pounds for property whose area does not exceed 100 square meters and 1000 pounds for what does not exceed area. Over 200 square meters, 1500 pounds for an area not exceeding 300 square meters and 2000 pounds for any property whose area exceeds 300 square meters, in an effort to encourage people to officially register their property rather than resort to customary methods that have led to an increase in the number of Property disputes at unprecedented rates.