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This Decree establishes the modalities of updating cadastre value of immovable property by re-evaluation of land and immovable property units pertaining thereto on the basis of amendments and modification of data related to specific land plot. Updating cadastre data shall be performed by State Land Service. The period of updating shall be from 1 January to 31 December in cadastre were registered modification of the following data: (a) land area; (b) purposeful use of land; (c) types of uses and land area; and (d) encumbrances and use restrictions.
Amended by: Decree No. 722 of the Cabinet of Ministers amending Decree No. 343 of the Cabinet of Ministers validating the Regulation on updating of cadastre value of immovable property. (2005-09-20)