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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