Morocco: Moroccan moves
New legislation aimed at protecting vendors against unscrupulous developers is still far from perfect
A number of developers, who consider that their interests are not sufficiently protected and that they are subject to technical and financial constraints, sometimes prefer ignoring the provisions of the Moroccan law on off-plan sales – vente en l’etat futur d’achevement (VEFA) – which has been in force since November 2003.
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