Pashinyan chairs discussion on real estate registration system reforms

Prime Minister Nikol Pashinyan chaired a consultation to discuss efforts aimed at transforming the real estate registration system.

According to the Prime Minister’s Office, Head of the Cadastre Committee Suren Tovmasyan briefed the Prime Minister that extensive work has been carried out to transform the system of real estate registration, as well as the registration of rights and restrictions.

Reports were also presented on the existing legislative regulations for the protection and guarantee of rights, as well as on the risks associated with the current procedures for transferring ownership rights based on the alienation of registered property.

The meeting also addressed the current procedure for registering unregistered property. The experience of various countries regarding regulatory approaches in this field was also presented.

Tovmasyan emphasized that the goal of the reforms is to simplify administration and strengthen the protection of property rights. In this context, proposals were presented aimed at achieving these objectives.

Prime Minister Pashinyan highlighted the importance of programs aimed at transforming the sector and stressed that the most effective approach to institutional reforms is to launch them through gradual steps.

In this context, the Prime Minister issued relevant instructions.