A. Legal and Regulatory Framework
A.1 Legal and Regulatory Framework
| Variable | End of 2014 | End of 2013 | End of 2012 | Sources | Var ID |
|---|---|---|---|---|---|
| Basis of the legal system: Civil, Common, Islamic, Other? (Describe) | Common law | Common law | Common law | Sri Lanka Legal Research and Legal System | A.1.1 |
| Are there specific laws that deal with mortgages? | Yes | Yes | Yes | Mortgage Law Sri Lanka, Chapter 98 | A.1.2 |
| Registration/Transfer of titles: | A.1.3 | ||||
| Typical number of days needed for the transfer of title | 50 | 50 | 50 | WDI | A.1.3.4 |
| Is there specialized legislation covering: | A.1.9 | ||||
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
B.2 Subsidies to Households
| Variable | End of 2014 | End of 2013 | End of 2012 | Sources | Var ID |
|---|---|---|---|---|---|
| Are there subsidies to households on housing finance? | Yes | World Bank report on Housing Finance in South Asia - http://hofinet.org/documents/doc.aspx?id=246 | B.2.1 | ||
| Interest rate subsidies by special government funds | Yes | World Bank report on Housing Finance in South Asia - http://hofinet.org/documents/doc.aspx?id=246 | B.2.1.1 | ||
| Reach of subsidies in 2.1.1 to 2.1.4 ? | B.2.2 | ||||
C. Taxation
| Variable | End of 2014 | End of 2013 | End of 2012 | Sources | Var ID |
|---|---|---|---|---|---|
| What taxes apply to Residential Real Estate? | C.1 | ||||