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On 13.07.15 the RF President signed a Law “On introducing amendments to certain legislative acts”, aimed at the document flow optimisation in real estate transactions.

DATE: July 17, 2015 | AUTHOR: atlawyers

On 13.07.15 the RF President signed a Law “On introducing amendments to certain legislative acts”, aimed at the document flow optimisation in real estate transactions. Notaries, credit and insurance organisations will not be authorised to demand clients to provide information that is contained in the Unified State Register of Rights to Real Estate and Transactions Therewith or in the State Real Estate Cadastre. If such information is necessary, it can be required by notaries, credit and insurance organisations from authorised bodies. The request shall be sent by an electronic form.

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