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Sunday, October 23, 2016

The Prime Minister ordered to submit to the state Duma a bill on the amendment of the cadastral assessment

As reported on the official website of the government of Russia, Prime Minister Dmitry Medvedev ordered to introduce for discussion in the lower house of the Russian Parliament a draft Federal law “On state cadastral evaluation”.

The bill, which is pending consideration by the deputies proposed to introduce the Institute of cadastral surveyors and to transfer authority for the determination of cadastral cost exclusively by state budget institutions. This legislative initiative is a prerequisite for the development of the real estate market, the report said.

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