The Director General of Roads and Urban Development in Zanjan Province declared the advertising of buying and selling shares or rights to cooperative lands illegal, stating: According to Clause 4 of Note 9 of Article 5 of the Law on Organizing the Land, Housing, and Rent Market, such advertisements are prohibited and subject to legal prosecution.
Advertising the Buying and Selling of Cooperative Land Shares or Rights Online is Illegal
The Director General of Roads and Urban Development in Zanjan has announced that advertising the buying and selling of cooperative land shares is illegal. This is based on existing laws that prohibit such activities and impose legal consequences. This matter is significant as it addresses issues of land market regulation in Iran.
👥 Key Players
📰 What Happened
The Director General of Roads and Urban Development in Zanjan Province declared that advertising the buying and selling of cooperative land shares is illegal, citing existing laws that prohibit such activities.
- The prohibition is based on Clause 4 of Note 9 of Article 5 of the Law on Organizing the Land, Housing, and Rent Market.
- Violators of this law may face legal prosecution.
💡 Why It Matters
📚 Background
Iran's land market has faced challenges with illegal transactions and speculation, prompting the government to enforce stricter regulations.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%