Strategic Studies of Jurisprudence and Law

Strategic Studies of Jurisprudence and Law

A Jurisprudential-Economic Analysis of the Impact of Formal Registration of Real Property Transactions on Allocative Efficiency and Transaction Costs

Document Type : research

Author
PhD student in private law, Kish International Campus, University of Tehran, Tehran, Iran
10.22034/ejs.2026.586816.2186
Abstract
Background and Aim: A comprehensive analysis of the jurisprudential and economic arguments underpinning the mandatory registration of real estate transactions, and determining the relationship between these two domains in legislation and policymaking, is a significant undertaking. This research aims to elucidate the jurisprudential and economic dimensions of the mandatory registration of real estate transactions, examining the challenges and implications of this requirement.

Materials and Methods: This study employs a descriptive-analytical approach. The materials and data are qualitative, gathered through note-taking and compilation.

Ethical Considerations: The authenticity of texts, honesty, and faithfulness have been observed throughout this paper.

Findings: The mandatory registration of real estate transactions is strongly supported by jurisprudential principles. From an economic perspective, this requirement significantly leads to a reduction in transaction costs (such as search, negotiation, and enforcement costs), enhances the efficiency of resource allocation (by directing capital towards more productive uses), and strengthens property rights (through increased transparency and certainty of ownership).

Conclusion: The mandatory registration of real estate transactions, relying on robust jurisprudential foundations and yielding significant positive economic impacts, serves as an effective instrument for reducing transaction costs, improving resource allocation efficiency, and reinforcing property rights. This research validates the primary hypothesis regarding the constructive synergy between religious mandates and economic benefits in the compulsory registration of transactions, emphasizing the importance of this synergy in macro-level policymaking. Finally, suggestions for amending relevant laws and regulations, as well as avenues for future research in this domain, are presented.
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Articles in Press, Accepted Manuscript
Available Online from 17 August 2026