A. Legal and Regulatory Framework
A.1 Legal and Regulatory Framework
| Variable | End of 2018 | End of 2017 | End of 2016 | Sources | Var ID |
|---|---|---|---|---|---|
| Basis of the legal system: Civil, Common, Islamic, Other? (Describe) | Civil law, Islamic law | Civil law, Islamic law | Index Mundi | A.1.1 | |
| Are there specific laws that deal with mortgages? | Yes | Yes | Yes | European Bank for Reconstruction and Development | A.1.2 |
| Registration/Transfer of titles: | A.1.3 | ||||
| Does the law clearly define different types of property rights? | Yes | Yes | Country Editor | A.1.3.1 | |
| Are property rights easily transferable? | Yes | Country Editor | A.1.3.2 | ||
| Typical number of days needed for the transfer of title | 39 days | 39 days | 39 days | WDI | A.1.3.4 |
| Can liens be effectively enforced? | Yes | US Department of State | A.1.4 | ||
| Are there legal constraints on the types of mortgage products that are permitted? | Yes | Global Property Guide | A.1.5 | ||
| Is there specialized legislation covering: | A.1.9 | ||||
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
| Variable | End of 2018 | End of 2017 | End of 2016 | Sources | Var ID |
|---|---|---|---|---|---|
| Are there subsidized funding sources for mortgage lenders? | Yes | Yes | UN Habitat | B.1.1 | |
| Special government lines of credit | Yes | Yes | Juriste Tunisia | B.1.1.1 |
B.2 Subsidies to Households
| Variable | End of 2018 | End of 2017 | End of 2016 | Sources | Var ID |
|---|---|---|---|---|---|
| Are there subsidies to households on housing finance? | Yes | Yes | Yes | Banque de L'Habitat | B.2.1 |
| Interest rate subsidies by special government funds | Yes | Yes | Yes | Banque de L'Habitat | B.2.1.1 |
| Mortgage interest deductibility from income tax | Yes | Yes | Yes | Paie Tunisie | B.2.1.5 |
| Reach of subsidies in 2.1.1 to 2.1.4 ? | B.2.2 | ||||
C. Taxation
| Variable | End of 2018 | End of 2017 | End of 2016 | Sources | Var ID |
|---|---|---|---|---|---|
| What taxes apply to Residential Real Estate? | C.1 | ||||
| Tax on property (home-owners) | Yes | Yes | Yes | World Bank | C.1.1 |
| Property transaction taxes (purchase/selling) | Yes | Yes | Allobledi | C.1.2 | |
| Tax on capital gains on property | Yes | Yes | Yes | Droit Afrique | C.1.5 |
| Are there tax benefits on rental properties? | Yes | Juriste Tunisia | C.2 | ||
| Describe tax benefits (if any) from C.1.2 | 30% of gross income from rental is deducted from taxes as it it considered to be an expense for th e maintenance of the rental property | Juriste Tunisia | C.2.1 | ||