The Committee on Economic Policy granted a hearing to the information of Minister of Justice of Ukraine Pavlo Petrenko re the Concept of reforming the system of state registration of property rights to immovable property

Information Department of the Verkhovna Rada of Ukraine Secretariat
13 February 2015, 10:57

The Concept of reforming the system of state registration of property rights to immovable property was elaborated with a view to refine the applicable system of state registration of rights, and introduction of mechanisms that would allow minimize corruption risks in the respective sphere.  

It was stressed that efficient implementation of inner control over the activity of registrators should be one of the top priority functions of registration service.  

According to P.Petrenko, reforming of the system in this direction will no doubt speed up development of the property market, improve investment climate, and increase trust in the system of registration.