The real estate sector is regulated by many laws including the Civil Code, laws on Land, Construction, Investment, Bidding, Housing, the Environment plus regulations relating to taxes and finance. The laws have created a relatively systematic framework on managing real estate trade and investment.
However, the management of real estate trading services is still limited as, so far, it is solely regulated by the law on real estate business. Real estate trading floors operate inconsistently, leading to a lack of transparency and difficulties for customers to access market information..............................................Full Article: Source
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