Colombia is a democratic nation that bases its real estate sector activity under the principle of respect for property rights, which are limited in accordance with the Constitution of 1991, the law and the prevalence of the common good. Colombia has developed local powers and responsibilities to regulate land use and its development for the purpose of political centralization and administrative decentralization. Learn more about the authority the government has over the management and use of land, particularly as it relates to environmental obligations and rural development.
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Region:
Colombia
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