A new draft law regulates the conditions and procedures for transferring real estate properties – New Algeria

This measure comes, as stated in the minister’s response, to a written parliamentary correspondence from the representative of the National People’s Assembly, Sekloli Walid, bearing the number 173, in line with the general policy of the state, which allows the transfer of real estate properties belonging to the state and controlled properties, by the offices of promotion and real estate management, where a working group, consisting of the frameworks of the central administration and the frameworks of local groups, has actually begun to formulate it..

The Minister of the Interior, Local Communities and Transport explained that providing job housing is among the incentive policies that attract individuals to work at the level of state institutions, which constantly aim to ensure the stability of their employees..

In the same regard, the Minister indicated that the assignment of functional housing belonging to local communities is subject to the provisions of Article 50 of Law No. 15-18 of December 30, 2015, which includes the Finance Law of 2016, which stipulates the possibility of assignment of real estate properties, of residential, professional, commercial or craft use for the benefit of their legal occupants, after approving the deliberations of the state and municipal people’s councils, by the guardian authority..

In the same context, Saeed noted that in order to preserve and value the real estate properties of local communities, as well as to enhance their revenues, all deliberations for transferring municipal or state property are subject to study and prior approval by the ministerial departments, and the request for study and approval is accompanied by a justified and reasoned opinion from the governors..