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Sri Lanka: Foreigners to Be Banned from Purchasing Property

(Feb. 27, 2013) Sri Lanka’s Cabinet of Ministers has recently approved moves to change regulations under the State Lands Ordinance, and introduced amendments to the Notaries Ordinance and the Registration of Documents Ordinance, designed to prohibit the sale or transfer of real estate to foreigners. The ban will apply to both state and privately owned […]

Saudi Arabia: Council of Ministers Approves Several Laws Regulating Real Estate Mortgage System

(July 12, 2012) On July 2, 2012, the Council of Ministers of the Kingdom of Saudi Arabia approved five laws organizing the lending process, loan purchase and sale transactions, mortgage registration, and foreclosure for real estate. The executive regulations for these laws will be issued 90 days from the publication of the laws in the […]

Sri Lanka: Proposed Law Seeks to Restore Property to Displaced Landowners

(June 18, 2012) On June 3, 2012, Sri Lanka's Justice Minister, Rauff Hakeem, announced that the Cabinet has approved a newly proposed law, the Prescription (Special Provisions) Act, that would allow persons displaced during the Sri Lankan civil war to reclaim their property. The conflict between the government and the separatist Liberation Tigers of Tami […]

Kenya: Measure in Parliament to Stop Landlords from Auctioning Their Tenants’ Property

(Feb. 27, 2012) Kenya's Parliament is gearing up to begin debate on the Land Bill 2012, which, among other objectives, seeks to drastically change the landlord-tenant relationship in the country. If enacted in its current form, the bill would require landlords to seek termination of lease contracts in court to recover overdue rent. (Bill to […]

Cuba: Government Amends Housing Law to Allow Sales and Purchases of Homes

(Dec. 1, 2011) On November 2, 2011, the Cuban government published in the Cuban OFFICIAL GAZETTE an amendment to Law 65 on housing, allowing citizens who live in Cuba and foreigners who are permanent residents to buy and sell homes. Home ownership is limited to one primary home and one secondary home in a vacation […]

Serbia: Property Law Package Approved by Parliament

(Oct. 26, 2011) On September 26, 2011, the Serbian Parliament approved by “an overwhelming majority” a law on restitution of property, to provide compensation for or return of property confiscated by the communist authorities after World War II, when Serbia was part of the former Yugoslavia. (John Paul Putney, Serbia Approves WWII Property Restitution Law, […]

Sweden: Supreme Court Rejects State Immunity Claim Against Enforcement Measures

(Oct. 19, 2011) In a July 1, 2011, decision, the Swedish Supreme Court rejected a state immunity claim as grounds for refusing the enforcement of an arbitral award. (Högsta Domstolens Beslut [Supreme Court Decision] Ö170-10 [hereinafter Decision Ö 170-10], Supreme Court website (last visited Oct. 5, 2011).) The case reached the Supreme Court via an […]

Argentina: Draft Legislation on Limitation of Farmland Ownership by Foreigners

(Sept. 28, 2011) President Fernandez de Kirchner of Argentina has submitted draft legislation to that country's Congress that would limit land ownership by foreigners. (Protección al Dominio Nacional Sobre la Propiedad, Posesión o Tenencia de lasTierras Rurales [Law for the Protection of the National Ownership, Possession and Holdings of Rural Land] (hereinafter draft LT), Proyecto […]

Turkey: Minority Religious Congregation Property to Be Returned Under Historic Measure

(Sept. 6, 2011) An omnibus decree published in Turkey's official gazette, RESMÎ GAZETE, on August 27, 2011, contains an historic article mandating the return of properties, which had been forcibly taken over by the state, to their minority, non-Muslim religious foundation owners. The new provision (article 17 of the decree) is to be included as […]

Kazakhstan: Nationalization Law Considered

(June 21, 2011) It was recently reported that the Parliament of Kazakhstan has started to consider a new bill on state property that will consolidate current Kazakh legislation on management of property that belongs to the state, determine the legal status of state enterprises in Kazakhstan, and define to what degree the state may influence […]