InternationalInternational Economics

Manual promissory notes are not legally enforceable


In an interview with the economic correspondent of Fars news agency, an informed source, referring to the details of the support package of the heads of state for organizing the housing rental market, stated: Based on the approval of the heads of state, only leases can be tracked in order to comply with the ceiling of the rent contract, which have a tracking code and be registered in the National Real Estate and Accommodation System

This knowledgeable source emphasized: Contracts without a tracking code cannot be pursued legally for the lessor and tenant, and they must be registered in the National Real Estate and Housing System in addition to obtaining a tracking code.

According to Fars report, the audience of the Fars Man system had previously requested to investigate this issue in the form of a subject registration under the title “Declaring the registration of a rental contract outside the real estate system a crime”.

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