Chile Publishes Law No. 21,718 to Expedite Real Estate Projects

The Government of Chile has published Law No. 21,718, which amends the General Law of Urbanism and Construction, in addition to a series of regulatory provisions. The new law, introduced on November 29, 2024, aims to expedite the process of real estate projects by reducing the number of administrative steps, increasing transparency, and establishing a more severe liability regime for the intervening agents that do not comply or that generate damages for the development of real estate projects....
By: DLA Piper

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