Draft Law & Impact Studies
Lebanon

Draft Law establishing the

“Real Estate Mortgage Certificate”

Article 1:
Pursuant to this law, a real property right is established, called “the Real Estate Mortgage Certificate” (hereafter designated by “the Certificate”), and is added to the real rights set out in article 10 of decree 3339/LR of 12/11/1939. The “Certificate” is subject to the conditions stipulated by the present law.
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The CHO Bill

Drafting and Signature

The CHO Bill was submitted to the Lebanese Parliament on October 1st, 2018 after being signed by members of Parliament.
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IMPACT STUDY

Economic Effect of the CHO

The introduction of the CHO will have positive effects on the Lebanese economy. From a macroeconomic point of view, we can expect sustainable growth in economic activity. The remobilization of the Real Estate capital would generate additional growth estimated at more than 2% per year, without the risk of inflation.
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