Housing Finance Policy
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A. Legal and Regulatory Framework
A.1 Legal and Regulatory Framework
| Variable | End of 2015 | End of 2014 | End of 2013 | Sources | Var ID |
|---|
| Basis of the legal system: Civil, Common, Islamic, Other? (Describe) | Civil | Civil | Civil | | A.1.1 |
| Are there specific laws that deal with mortgages? | | Yes | Yes | | A.1.2 |
| Registration/Transfer of titles: | A.1.3 |
| Does the law clearly define different types of property rights? | | Yes | Yes | | A.1.3.1 |
| Typical number of days needed for the transfer of title | 57 | 57 | 57 | Doing Business | A.1.3.4 |
| Is there specialized legislation covering: | A.1.9 |
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
| Variable | End of 2015 | End of 2014 | End of 2013 | Sources | Var ID |
|---|
| Are there subsidized funding sources for mortgage lenders? | | Yes | Yes | | B.1.1 |
| Is the lending side of the housing finance system subsidized? | | No | No | | B.1.2 |
B.2 Subsidies to Households
| Variable | End of 2015 | End of 2014 | End of 2013 | Sources | Var ID |
|---|
| Are there subsidies to households on housing finance? | | Yes | Yes | | B.2.1 |
| Reach of subsidies in 2.1.1 to 2.1.4 ? | B.2.2 |
C. Taxation
| Variable | End of 2015 | End of 2014 | End of 2013 | Sources | Var ID |
|---|
| What taxes apply to Residential Real Estate? | C.1 |
| Tax on property (home-owners) | | Yes | Yes | | C.1.1 |
| Property transaction taxes (purchase/selling) | | Yes | Yes | | C.1.2 |