The State Council's Tentative Regulations for the Registration of Immovable Property that went into effect on March 1 seek to consolidate a property registration system that – if implemented vigorously – have the potential to increase transparency, reduce
Transition gaps may hinder new property registration
The new national property registration system aims to streamline processes and provide a unified database, but it is hampered by the lack of clarity in the implementing rules, which may make the transition difficult
By
clpstaff