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Ethiopian Federal Laws
Go to Laws Index
Title:
Condominium
Proclamation No.:
370/2003
Jurisdiction:
Federal
Law Type:
Proclamation
Category:
Government and Public Administration
Country:
Ethiopia 🇪🇹
Format:
PDF (
Amharic and English
)
FEDERAL NEGARIT GAZETA OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA j Iitfj ft } 1 CONTENTS 370/2003 2395 PART ONE Ii' C"h This Proclamation may be cited as the' 'Condominium Proclamation No. hl\OO 1\101 , 101 1\101 fh tj Pnce 370/3003 CONDOMINIUM PROCLAMATION WHEREAS, it isdeemed necessary to implement other alternatives of urban land use in addition to plots basis urban land usetonarrow the imbalance between thedemand forany supply of housing; WHEREAS, is recognized that the allocation of urban land to a high rise or a row of houses condominium building willcontribute tomaintain thebeauty oftheurban areasandto the improvement of urban land use and supply of housing through making great number of people benefit and com- monly hold a small size of urban land; WHEREAS, it is essential to the development of condominium to create favorable conditions, to private developers and which have a major con- tributions towards thedevelopment of condominium and also to purchase of units and to all others, which have a right, related to the condominium; 55 Sub Article of the Federal Democratic Republic of Ethiopia it is here by proclaimed as follows: . ; 80,001
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