Federal Law No. 20-FZ on amendments and addenda to the article 24 of the Federal Law on state registration of immovable property and its transactions. Country/Territory Russian Federation Document type Legislation Date 2001 Source FAO, FAOLEX Subject Land & soil Keyword Cadastre/land registration Common property Ownership Dispute settlement Geographical area Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific Entry into force notes The Federal Law enters into force from the date of its official publication. Abstract This Federal Law modifies paragraph 1 of article 24 in the following manner: "In case of sale of a share in the common property to an outsider the owner must attach to the application form for the state registration the documentation confirming that the co-owners had been informed of the forthcoming transaction , of the price of share and the conditions of sale. In case of a written refusal of co-owners to acquire the share put on sale the transaction can be registered immediately, other wise the registrar must suspend the registration for a month from moment of forwarding the written notice to the co-owners. The dispute settlement of the issues originating from the state registration of a share in common property belong to the competencies of the Court." Full text Russian Website www.kodeks.net. References - Legislation Amends Federal Law No. 122-FZ on state registration of immovable property and its transactions. Legislation | Russian Federation | 1997 Keyword: Cadastre/land registration, Ownership, Waterworks Source: FAO, FAOLEX