Thursday, November 3, 2011
Cuba Announces Modifications in Housing Laws
Havana, Cuba, Nov 3.- Cuba announced modifications in the housing general law that includes allowing Cuban nationals and permanent residents to buy and sell houses. The new regulations will come into effect November 10.
In fulfillment of one of the guidelines recently passed by the Sixth Congress of the Cuban Communist Party, the modifications seek to make procedures for the transfer of housing ownership by means of swapping, donation, buying and selling, etc, more flexible and contribute to the volunteer relocation of living spaces among people, Granma newspaper reported.
The norms, published in an extraordinary issue of the Official Gazette on November 2, recognize the buying and selling, swapping, donation and allocation of houses –due to divorce, death or emigration of the owner -among Cuban nationals living in the island and foreigners with a permanent residence in Cuba.
Granma’s report adds that prior authorization from municipal Housing offices will not be longer required.
The law ratifies that it will only be allowed to own one home as permanent residence and a summer house.
The only requirements established for the transfer of property ownership is the seal of a notary and that the property must be previously registered in a land registration office.
Likewise, the new norms include the application of corresponding taxes.(ACN)
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