President Bashar al-Assad on Wednesday issued legislative decree no. 36 for 2014 amending the law for housing cooperatives and legislative decree no. 37 for 2014 on the transfer of housing property belonging to general establishments.
The amendments made by decree no. 36 allow payees to transfer ownership of a housing cooperative property they received as long as they make all due payments, with the housing cooperative charging a sum equal to 1% of total payments or the estimated value of the property for transfer.
Decree no. 36 defines popular housing as housing built by general establishments to be allocated or sold to citizens in a facilitated manner, and social housing as a low-to-medium cost housing built by general establishments to be allocated or sold to citizens in a facilitated manner.
The decree permits the sale and allocation of these housings according to effective laws as long as the person to whom the property is sold or allocated has not bought or been allocated a similar property or housing from housing cooperatives.
Translated and edited by The Syrian Observer
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