Ministerial Decree No. 1 of the Cabinet of Ministers “On improvement of registration of rights to immovable property”.
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LEX-FAOC160473
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This Decree sets forth the modalities of state registration of rights of natural and legal persons related to land plots and perennial plants, and also mortgage contracts and other ownership rights to land plots. It shall not be applicable to subsoil. Right of ownership, origin thereof, transfer, restriction, termination of rights and transactions therewith shall be subject to mandatory state registration. Body performing state registration shall be responsible for issuance of state registration certificate. The right of ownership and other proprietary rights become effective after state registration.
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