legal framework

Lack of legal framework on condotels has chilling effect on developers, buyers

Lack of legal framework on condotels has chilling effect on developers, buyers

Policy

It is also unclear as to how the construction of these kind of property was authorized, given the lack of legal framework governing it.

Condotel property market in urgent need of new regulations, standards

Condotel property market in urgent need of new regulations, standards

Policy

A legal framework covering condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.

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