Pyongyang, October 25 (KCNA) -- The Presidium of the DPRK Supreme People's Assembly revised some parts of the real estate rules in the economic development parks (EDP).
The revised parts of the rules are Article 3, Paragraph 1 of Article 4, Article 6, Article 10, Paragraph 4 of Article 11, Article 12, Article 18, Paragraph 2 of Article 19, Article 24, Article 41, Paragraph 1 of Article 45 and Article 49.
Regulated in those paragraphs and articles are legal requirements to be observed in acquisition range and transactions of real estate, land lease institution and method, issue of document on land use and registration certificate of real estate, method of registering real estate, payment of commission and land use and payment of land rent. -0-
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