It should therefore apply to credits secured by immovable property regardless of the purpose of the credit, refinancing agreements or other credit agreements that would help an owner or part owner continue to retain rights in immovable property or land and credits which are used to purchase an immovable property in some Member States including credits that do not require the reimbursement of the capital or, unless Member States have an adequate alternative framework in place, those whose purpose is to provide temporary financing between the sale of one immovable pr ...[+++]operty and the purchase of another, and to secured credits for the renovation of residential immovable property.

This Directive lays down a common framework for certain aspects of the laws, regulations and administrative provisions of the Member States concerning agreements covering credit for consumers secured by a mortgage or otherwise relating to residential immovable property, including an obligation to carry out a creditworthiness assessment before granting a credit, as a basis for the development of effective underwriting standards in relation to residential immovable property in the Member States, and for certain prudential and supervisory requirements, including for the establishment and supervision of credit intermediaries, appointed repre ...[+++]sentatives and non-credit institutions.

credit agreements which are secured either by a mortgage or by another comparable security commonly used in a Member State on residential immovable property or secured by a right related to residential immovable property; and

Capital gains resulting from the disposal of immovable property intended for use by the taxpayer or his family as a permanent abode are exempted from income tax under, amongst others, the condition that the realisation value is reinvested in other immovable property which is used solely for the same purpose and is located on the Portuguese territory.

Capital gains resulting from the disposal of immovable property intended for use by the taxpayer or his family as their permanent abode are exempted from income tax under, amongst others, the condition that the realisation value is reinvested in the acquisition of other immovable property to be used solely for the same purpose and which is located on Portuguese territory.

The committee will examine the following four points: the interplay between provincial and federal laws in addressing the division of matrimonial property, both personal and real, on-reserve and, in particular, enforcement of court decisions; the practice of land allotment on-reserve, in particular with respect to custom land allotment in the case of marriage or common law relationships; the status of spouses and how real property is divided on the breakdown of the relationship; and possible solutions that would balance individual and community interests.