Real estate transactions with fake permits and slips are occurring, caution urged by Real Estate Association Chairman
Real estate transactions with fake permits and fake slips are occurring, and caution is urged in transactions. Daw Moe Moe Aung, Chairman of the Myanmar Real Estate Services Association, stated that real estate transactions involving fake permits and fake slips are occurring, and urged caution in such transactions. This statement was made at the "Myanmar Real Estate Market and Practical Legal Views on Permits and Slips Discussion" organized by the Myanmar Real Estate Services Association, held on June 14 at the Kambawza Hotel in Shwegondaing. Chairman Daw Moe Moe Aung said, "In the Myanmar real estate sector, permits and slips are sold more. They are more actively traded in new townships. To avoid any mistakes there. And for those who buy to actually live there. And for investors. To avoid mistakes, from a legal perspective. Since U Zaw Min, a legal expert, is also participating, and U Than Oo, who has practical experience in real estate, are also here. With our over 30 years of experience, we have organized this event with the aim of preventing mistakes," she said. She further stated that due to the occurrence of transactions using fake permits and fake slips in the real estate sector, buyers should exercise caution. "Whether you buy a permit or a slip, where was this permit issued from? Was it from the Housing Development Department or the City Development Committee?
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