Law “On the acceptance of applications from owners of nationalized and otherwise illegally seized real estate (enterprises and other property objects) - natural persons”.

This Law regards the acceptance of applications from owners of nationalized and otherwise unlawfully confiscated real estate properties. Its primary objective is to ensure the rights of physical persons and their heirs regarding properties nationalized after June 17, 1940, within the context of the privatization of state and municipal property. It references the principles regarding state property and emphasizes the need for restitution or compensation in state securities for former owners or their heirs. This Law mandates the acceptance of applications from individuals who are former owners or their heirs for properties that were nationalized or unlawfully taken. It specifies that applications must be submitted by July 20, 1992, to the relevant local authorities or diplomatic missions. The document outlines that applicants can seek either the return of their property or compensation in state securities. It also clarifies that applications from participants in nationalized enterprises are not accepted unless specified otherwise by law. The determination of heirs is to be made according to the 1937 Civil Law of Latvia. The implementation of this resolution involves local and diplomatic authorities responsible for processing applications. The document emphasizes the need for timely public notification of the resolution's provisions and the establishment of a clear process for application submission. It highlights the requirement for applicants to provide documentation proving their relationship or inheritance rights. The document also indicates that the state has made investments in properties post-nationalization, which may influence the restitution or compensation process.