Deficiencies Caused by the Insertion of Regional rather than Actual Prices in Real Estates Documents

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Abstract

The demand for registering real estates' transactions is mainly to avoid future legal problems and disputes. The current practice of registration offices is, however, to insert regional prices instead of real prices in the relevant documents. The legal problem arises where there is a dispute, as each party will aim to take advantage of the unreal inserted price. The current governmental directions have not created a unified procedure in this concern. 

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