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indigenous rights in-rem as well as final judgments proving any
of which shall be registered. Failure to register the above
mentioned rights, the latter shall not be established, or conveyed
or changed or removed among persons concerned and third
parties. Unregistered dispositions as well shall have no effect
other than personal undertakings among those concerned.
Art. (52) of the above mentioned Law states that inherited real
estates shall be registered in the name of heirs only on
presenting the legal notification issued by the competent court to
determine heirs, indicate their respective shares and register
inheritance right.
In turn, Law no (9) for 2010 on Investment Promotion has
approved guarantees for the investor be he national or foreigner.
To this effect, Art. (23) of the same Law noted that "the
nationalization, expropriation, forced seizure, confiscation,
sequestration, placing in custody or freeze of the given project
or subjecting it to procedures having the same effect shall be
only admissible by virtue of law or legal judgment and in return
for fair compensation.
Within the framework of indemnifying the citizen in the event
of expropriating his property for public interest purposes, the
General People's Committee issued decision no (294) for 2010
on defining real estate valorization bases and controls in effect
at real estate offices as well as decisions no (195/2006 –
108/2006- 66/2006) on the formation of committees entrusted
with estimation of damages and related compensation
procedures.