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2 November 2012, 15:03

In Bashkiria terms of real estate title registration are reduced

Since November 1, current year the Directorate of Russian State Register on Bashkortostan Republic began the process on progressive reducing terms of the state registration of real estate title and transactions with it.
Thus, on the objects of real estate located in the territory of Ufa and the Ufa district, since December 1, 2012 the state registration will be carried out within 19 calendar days, since December 10, 2012 — within 18 calendar days, since January 1, 2013 – within 17 calendar days.
In cities and republican regions (except Ufa and the Ufa district) it will be possible to register title and transactions with real estate within 15 calendar days since January 1, 2013.
Registration titles on land plots given for individual housing construction to citizens having many children or having disabled children should be made within a period not more than five working days for inhabitants of cities and republican regions since November 1, current year.
Registration of mortgage on land plots, buildings, constructions, non-residential premises located in cities and republican regions is carried out within 10 working days since November 1, 2012. Since January 1, 2013 it should take not more than seven working days. Across Ufa and the Ufa district the specified category of cases will be registered during the period not later than 10 working days since January 1, 2013.
It should be marked that now term of the state registration of titles and transactions with the real estate in the territory of the whole country is established by law as 20 calendar days except for separate cases, the press-service of Directorate of Russian State Register on RB reports.
Translated by:Rasul Hamidullin