Law No. 153 “On registration of rights to immovable property and transactions therewith”.

This Law establishes legal framework and the modalities of functioning of the unified state registration system of rights to immovable property and transactions therewith. State registration is a legal act attesting rights to immovable property, real burdens (restrains), and also transactions therewith ensuring legal protection of registered rights and real burdens (restrains). Immovable property shall be considered plots of land, subsoil and separate waterbodies. The following rights and real burdens (restrains) shall be subject to compulsory registration: (a) ownership; (b) right of economic management; (c) right of operational management; (d) open-ended land tenure; (e) mortgage; (f) lease and sub-lease for the period over three years; (g) servitude; (h) rights originating from court decisions; and (i) rights of nature management.