Amendments in force as of 1 September 2014
Amendments to the law are expected to ease privatisation procedures to allow privatisation of property where the land plot is partially located on the red lines or containing other objects that are not privatised at the same time. An option is further provided to perform a real division of a land plot so that any territory affected by the red lines, as well as the parts of the land plot required for other objects, can be divided from the territory of the land plot to be privatised. In turn, if this division is impossible, for a land plot owned by the state or municipality, the lease rights are determined for 99 years.
At the same time the amendments determine that from 1 January 2015, owners of apartments and artists' workshops will not have to provide compensation for the real estate tax paid by the landowner.
Likewise the amendments will determine a procedure for how to calculate and change the land plot functionally required for a residential house to be privatised. The area of land functionally required by a residential house to be privatised will be determined by the municipal council or its authorised institution. A land lease agreement will be concluded only for a land plot that has been determined to be functionally required for the house under the appropriate procedure. The law has been supplemented by a new regulation providing for a procedure to review the land plot functionally required for a residential house and a procedure to determine the costs of the revision and who should cover the costs. Municipalities are instructed to determine a procedure for reviewing the area of a land plot functionally required by a residential house after a request from any owner of an apartment. The municipality must start the revision within six months of receipt of the application. In turn, the revision must be finished within two years and six months as of the date of starting. The costs of this revision are covered by the person who initiated the revision in proportion to their share in the property, except in some exceptional cases.