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Escheat residential premises shall remain a good faith purchasers’ property

DATE: June 30, 2017 | AUTHOR: atlawyers

On 22.06.2017 Constitutional Court held that Art. 302 of the Civil Code does not allow vindication of escheat residential premises by governmental bodies from a bona fide purchaser if he or she relied on the relevant register. The norm did not include the duty of competent agencies to take prompt measures to register the property, if they knew (should have known) thereof. Otherwise, the right of residence would be restricted. The case may affect other relations regarding the illegal disposal of state property.

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