Housing Finance Policy

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A. Legal and Regulatory Framework

A.1 Legal and Regulatory Framework
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Basis of the legal system: Civil, Common, Islamic, Other? (Describe)French civil law and customary law  
CIA World Factbook
A.1.1
Registration/Transfer of titles:A.1.3
Does the law clearly define different types of property rights?No  
IMF
A.1.3.1
 Are property rights easily transferable?No  
IMF
A.1.3.2
Typical number of days needed for the transfer of title55.0055.0055.00
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
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
C. Taxation
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
What taxes apply to Residential Real Estate?C.1
Tax on property (home-owners) No  
IMF
C.1.1
Tax on mortgage interest pmtsNo  
IMF
C.1.4
Tax on capital gains on property No  
No
C.1.5
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Notes: Base Year