New law gives buyers more protection in sales agreements

Agreements of sale for immovable property, such as land or buildings, are going to be upgraded to bonds or leases, to help stamp out fraud due to multiple sales.

The Deeds Registry (Amendment) Bill, which passed unanimously by the National Assembly last Thursday, now paves the way for such agreements to be registered with the Deeds Registry.

The bill was tabled and debated in the National Assembly in 2012 but was …..To continue reading, login or subscribe now.



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