Real state Development and Management Ordinance, 2011 Part 2

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Real state development and Management Ordinance, a Gazette of Bangladesh. The Gazette notifies in September 2011.  The regulation specifies in the Gazette on tourism conservation area, special tourism region, development and investment of tourism industry, etc. Development of real state project, enforcement authority and their responsibility incorporates as relevant issues. Registration procedure of real state developer and responsibility of developer discusses in separate sections. Formation of real state by the land owner encourages in the Real state development and Management Ordinance. Buying and selling procedure of real state, registration and documents preparation presents within the regulatory framework.

Regulation on agreement between landowner and developer, facilities under real state, payment procedure of price of real state, confirmation of utility services present sequentially. Failure of buyer for payment at a time or partial, failure of developer to handover the real state considers punishable. Offense and punishment includes at the last part of the Real state development and Management Ordinance.

Realstate Development and Management Ordinance, 2011 Part 2

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