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 International Monetary Fund (S.A.R)-Feb 2010- Staff Report for the 2009 Article IV Consultation Syrian Arab Republic 2009 Article IV Consultation Preliminary Conclusions of the IMF Mission Highlights on the International Financial and Investment Institutions Forum
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     How to get partial real estate quittance?

    Residential and commercial real estate quittance:

    1)       The seller submits a request to the Main Register in the Revenues Section asking for the financial record of the relevant property. He then registers his request in the Registry, providing the following information: owners tri-name; property area; property number; and estate number).

    2)       The above request should be attached with a copy of:

    a.       A title deed or real estate record for a regulated real estate; or a copy of notary document, sales contract or a receipt for real estate tax for real estates in non-regulated areas.

    b.      Limitation of succession document + inheritance quittance, if the seller is inheritor, or the contract stipulating the ownership change or grant quittance in the case of grants.

    c.       A copy of both seller and buyers identity card.

    d.      Allocating letter, in the case of the inoccupation was from a housing association to the applicant, together with a list of owners names, if any.

    e.       Appropriation order, in order to pay the appropriation recompense.

    f.        Devotion Contract in case the seller has got the property through devotion.

    3)       The financial record issued by referral is submitted to the Real estate Trade Section.

    4)       In the Real estate Trade Section, and according to the relevant case, a declaration

     or statement about the selling process showing the selling value is submitted, taking into consideration the following cases:

    a.       If the property is residential and the seller has no previous practice, the transaction is transferred to the Collection Department to give him the required quittance.

    b.      If he has previous practice, the real estates trading tax is immediately imposed on this property and then the applicant is referred to the Collection Department to get the quittance.

     

    c.       If the real estate is commercial, the relevant tax is imposed on the seller. After paying it, he is referred to the Collection Department to get the quittance. If he does not want to pay the tax entirely, he has to pay an advance and the buyer gives written commitment, with power of attorney issued from a notary, that he will pay the rest.

    d.      In the case the possession has been transferred to the buyer upon a verdict, he must prove the rightness of information mentioned in that verdict.

     

     

    2)       If the location or specifications of the sold estate are not obvious, it must be subject to inspection.

    3)       A letter approving the quittance is sent from the Real estates Trading Section is sent to the Collection Department.

    7) In the Collection Department, the property is acquitted from the real estate tax, and the seller is acquitted from the real estates trading tax if he is subjected to it. If the real estate is commercial, the salaries & duties tax collector provides the quittance.

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    Syrian Arab Republic 2009 Article IV Consultation Preliminary Conclusions of the IMF Mission
    Supply of Electronic Equipment, Class Furniture, and Integrated Financial Management Information System
    Standard Advertisement for International Restricted Service Contract Tender Procedures
    Miscellaneous
    Highlights on the International Financial and Investment Institutions Forum
    Supply of Electronic Equipment, Class Furniture, and Integrated Financial Management Information System
    Standard Advertisement for International Restricted Service Contract Tender Procedures
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