Real estate registration procedure to be simplified in 2011- Minister of Justice

ASTANA. January 17. KAZINFORM /Kanat Kulshmanov/ The Ministry of Justice of Kazakhstan plans to simplify the procedure of real estate registration this year, Kazinform quotes Minister Rashid Tussupbekov as saying.

photo: QAZINFORM

"This year we will develop all necessary amendments to the current legislation aimed at implementation of e-registration of real estate. If this initiative is successful, the procedure will be significantly simplified", the Minister noted.

According to him, once a real estate purchase and sale agreement is notarized, an electronic notification about the contract will be automatically delivered to the justice bodies via the 'e-notary' system, and the ownership right will be registered.