New Real Estate Registration Bill Introduces Efficient Registration and Higher Level of Legal Security in Serbia

On August 10, more than a hundred stakeholders’ representatives attended the last in a series of four public debates on the Real Estate Registration Bill, held in Niš, the unofficial capital of Southern Serbia. Officers of the Ministry of Construction, Transportation and Infrastructure, National Geodetic Authority, and USAID BEP, which drafted the Bill in partnership with the National Alliance for Local Economic Development, took part in presenting the key features of the proposed legislation and responding to participants’ questions and comments. Previous public hearings on the Bill were organized in Novi Sad, Belgrade and Kragujevac, and were attended by more than 100 participants. Real estate registration is a major constraint to doing business in Serbia because of the length, cost, and lack of legal security associated with this procedure. Key innovations to be introduced as part of this reform include mandating use of e-Government functions in the title registration procedure and shifting responsibility for verification of proofs of ownership from officers of the National Geodetic Authority to notaries public. Apart from providing technical assistance in conceptualizing and legislating the reform, USAID BEP has been instrumental in making the reform process as inclusive as possible.

 







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14.08.2017 - New Real Estate Registration Bill Introduces Efficient Registration and Higher Level of Legal Security in Serbia

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