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Bankarstvo
2009, vol. 38, iss. 9-10, pp. 70-83
article language: Serbian, English
document type: unclassified
published on: 24/11/2009
Necessity of discipline and real estate exchange
University 'Union - Nikola Tesla', Faculty for Real Estate Management, Belgrade

e-mail: profesorognjanovic@hotmail.com

Abstract

Resources in the real estate sector constitute a significant factor for the development of the Serbian economy. Hence the considerable public interest in establishing a sound practice, legal frameworks and institutions in order to facilitate positive development of the real estate market. To this end, among other things, it is necessary to have a modern Law on Intermediation in Real Estate Trade, prepared according to the best standards. Its concept would aim at establishing obligation safety, inaugurating who is to be responsible for real estate trade and the records of tax obligations in respect of real estate trade, and constituting the mechanisms and instruments for strengthening and enhancing the structure and coherence of the main market institutions. Above all, this refers to the system of responsibility in real estate trade, information system and real estate exchange.

Keywords

real estate market; interests; agencies in the capacity of broker-dealer companies; real estate managers; communication; real estate exchange; real estate funds; mortgage banks and mortgage loans

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