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Parking lots in residential houses will be recognized as independent real estate objects.

DATE: March 25, 2016 | AUTHOR: atlawyers

Parking lots in residential houses will be recognized as independent real estate objects. A new Bill introduces a concept of “platform” – a part of a building or structure intended for parking of vehicles or placing trade objects, which is not limited by structural units. Platforms will be independent real estate objects involved in civil circulation. Currently parking lots belong to common property in an apartment building.

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