ABSTRACT
The local plan is a public document available in town halls and in the departmental divisions of the urban affairs ministry. The building permit is the administrative agreement that establishes the conformity of the project with land-use regulations. Public intervention in the building market is defined in the master plan. When an old building is to be bought, a planning certificate, as in the case of new buildings, may be required. There are three main recurrent taxes Real-estate taxation is paid by the owners of residential, commercial and industrial units to the local authorities. Real property is taxed, and there is a distinction between recurrent taxes, and non-recurrent taxes, which are generally paid when a transaction takes place. Companies may receive subsidies or may profit from tax deductions from the state or from the local authorities if they agree to build factories, offices, laboratories, etc., in certain special areas.
