Egypt sets framework for committee on heritage buildings
In the case of expropriation, the two experts assess the property’s market value at prevailing prices, assuming it is not registered as a distinguished heritage building.
Compensation Applications: According to the resolution, the owner of a distinguished property, as designated by a decision of the Prime Minister, must submit a compensation application to the relevant committee.
The owner is notified of the compensation amount by registered mail within two weeks of the decision.
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