The Apartment Ownership Act, 2010: Governs the ownership and management of apartments, ensuring the rights of apartment owners and the proper maintenance of common areas.
Real estate in Bangladesh is governed by a range of acts and regulations to ensure proper management, development, and transactions within the sector. Some of the key governing acts and regulations include:
The Transfer of Property Act, 1882: Governs the transfer of property in Bangladesh, outlining the rights and obligations of parties involved in the sale, mortgage, lease, and exchange of property.
The Registration Act, 1908: Mandates the registration of property transactions to ensure legal recognition and prevent fraud.