Housing Finance Policy

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A. Legal and Regulatory Framework

A.1 Legal and Regulatory Framework
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
Basis of the legal system: Civil, Common, Islamic, Other? (Describe)Mix of Common Law and Customary LawMix of Common Law and Customary Law 
Central Intelligence Agency Report
A.1.1
Are there specific laws that deal with mortgages? YesYesYes
Report to Land Commission
A.1.2
Registration/Transfer of titles:A.1.3
Typical number of days needed for the transfer of title 50 days50 days
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 2013End of 2012End of 2011SourcesVar ID
Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
C. Taxation
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
What taxes apply to Residential Real Estate?C.1
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Notes: 0.000011%
Notes: 0.00007
Notes: 0.00007 million USD
Notes: 0.056%
Notes: Average Mortgage Rate as published by the central bank.
Notes: Average Mortgage Rate as published by the central bank.
Notes: Average Mortgage Rate as published by the central bank.
Notes: Average Mortgage Rate as published by the central bank.
Notes: Average Mortgage Rate as published by the central bank.
Notes: Average Mortgage Rate as published by the central bank.
Notes: Figures as of August 2008
Notes: Figures as of August 2008
Notes: Figures as of August 2008
Notes: Value less than 1%
Notes: Value less than 1%
Notes: Value less than 1%