04.11.2011 - New law creates real estate market in Cuba
In a move that could reshape the Cuban economy, the government on Thursday announced a new law that allows for the sale of real estate. The National Assembly in August approved a plan to permit the sale of real estate, and the legislation itself officially was put on the books Wednesday. It goes into effect November 10, the state-run newspaper Granma reported. The new law allows for the sale, exchange, donation and gifting of real estate even in cases of divorce, death, or the owner leaving the country permanently...............................................Full Article: Source
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