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Buying and selling property for foreign nationals is prohibited / Necessity of entering their details into the systems

خرید و فروش ملک برای اتباع خارجی ممنوع است
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Friday 2024/10/18 - 11:13News Code:7301

The head of the Tehran Real Estate Agents Union said: Although buying and selling property for foreign nationals is prohibited, it is observed that they write contracts either through their trusted individuals or manually, which are weaknesses that need to be addressed.

What is certain is that many foreigners are present in our country, and a unique identification number should be collected for them in a system so that we can draft lease agreements for them.

In this regard, contracts may be written manually, which, as previously stated, is prohibited and constitutes an offense.

We are calling for the identification of foreign nationals and the entry of their details into the systems so that they cannot engage in property transactions through their trusted individuals.

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