English

Privatization

 

Privatization of premises is a voluntary conveyance to the citizens of the Russian Federation the occupied by them premises and is performed at the state or municipal housing stocks, and for the citizens of the Russian Federation who  occupy the reserved premises is performed at a local reservation office. Coming to the ownership of the premises enables citizens to make effective investments, to spare the immovable property, to act with it in the real estate market, to own, use and dispose of the premises. Conveyance of premises to the ownership of citizens is carried out by the authorized proprietors of the specified premises, bodies of the government, institutions of local government, and also the state or municipal unitary enterprises running the  housing stock on the grounds of economic management, the state or municipal establishments, the state enterprises running the housing stocks on the grounds of operative management. Conveyance of premises to the ownership of citizens is made out by the contract of conveyance signed by bodies of the government or institutions of local government of settlements, the enterprise, establishment with the citizen receiving premises in the ownership in established by the legislation order. In this case the notarial certificate of the conveyance contract is not required and  tax is not levied. The conveyance contract includes the minors who have the right to use the premises and who live together with persons to whom these premises are conveyed for common use with minors, or the minors living separately from specified persons but keeping the right to use the given premises. Registration of the conveyance contract for the premises where live only minors is carried out at costs of the premises owners carrying out the conveyance. The decision on privatization of premises should be made upon the request of citizens within two-months period of time from the date of submission of the documents. The ownership right of the privatized premises comes from the moment of the state registration of the right in the Unitary state register of the rights of ownership and transactions of the real estate. Any citizen has the right to get one time in his ownership the voluntary conveyed premises in the way of privatization at the state and municipal housing stocks of the premises intended for social use. The minors who have become proprietors by privatization of the occupied premises keep the right of one-time voluntary privatization of premises in the houses of the state and municipal housing stocks after attaining their majority. The premises that are not a subject for privatization are the premises being under the thread of collapse, hostels, the houses of the closed military stations, and also service premises, except for the housing stock of the state farms and other agricultural enterprises similar to them and the countryside housing stock of permanent organizations of social protection of the population. Privatization is available up to March, 1, 2010.

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