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The Ministry of Economic Development invited buyers of real estate to pay for registrar errors

03.05.2018

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The Ministry of Economic Development suggested that customers of real estate pay for registrar’s mistakes was mentioned by the Director of the Real Estate Department of the Ministry of Economic Development, Mr. Ivakin on the forum on the topic of real estate, which was organized under the patronage of the World Bank representative office in Russia. At this time, the Rosreestr does not compensate for losses and will be carried out when the victim or legal entity filed a lawsuit against the Russian Federation. But while there are no complaints, it is difficult to prove the guilt of the registrars. Due to improper registration of transactions, customers suffer huge losses. Now the Ministry is analyzing statistics on user rights violations by registration services. By the end of the year, it is planned to submit your own options for how to optimize the organization of compensation payment. Perhaps a compensation fund will be created. The services of registrars are quite expensive: from seven to fifteen thousand rubles and part of them can be sent to this fund. In March 2012, an affordable monitoring of the value of real estate for various private property sectors will appear on the Russian Register portal, the design of outdoor advertising will be created, as well as differentiation on transactions, which are now stored in the register of rights. Any owner will be able to navigate in more detail and get acquainted in this sector.

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