A law has been published that simplifies registration of unfinished buildings

Source: Consul Group

This is Federal Law No. 368-FZ of 24 July 2023
"On Amendments to the Federal Law 'On State Registration of Real Estate'"

What does this mean for owners of real estate?

These changes concern a narrow group. The procedure for cadastral registration is simplified only for unfinished buildings entered in the federal register of unfinished capital construction projects. Only those projects whose construction or reconstruction was carried out wholly or in part out of federal budget funds are entered in that register. For everyone else, nothing has changed.

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