Identifiers will help settle the transaction with the land





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17.01.2011 09:40
Articles about real estate | Identifiers will help settle the transaction with the land Mandatory assignment of cadastral numbers land in case of their transfer, pledge or mortgage will reduce abuse in the field of land relations. But at the same time will complicate the financial transaction with the land. This opinion was expressed by partner at the law firm ILF, lawyer Jaroslav Onika, commenting on the initiative of the Cabinet of Ministers to ban the transfer of a mortgage or pledge of land without cadastral numbers.

Recall that the provision contained in the bill number 7532, which aims at strengthening the control over the contracting of mortgage and mortgage land. The document was recently registered in the Verkhovna Rada.
"Unfair trade in land relations - a common phenomenon, and therefore Government's initiative to tighten controls over the operations of the land is extremely important. Cadastral number of the land will accurately identify the plot, thereby reducing the risk of questionable transactions, "- said the lawyer.
However, today the assignment of cadastral numbers - this is a complex and lengthy process. Actively reforming public authorities responsible for land relations, leads to the suspension and tightening get numbers.
"In addition, assigning inventory numbers from 1 January 2011 is also regulated by the new decree, KMU № 749" On approval of the Interim order of assignment of cadastral numbers parcel of land. " This legislative instrument in practice, not tested. There is therefore every reason to believe that it is even more harder to get numbers, and, consequently, the transfer stations as a pledge or mortgage ", - said partner ILF.

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Content tags: land Legislation
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