Law No. 1541-1 on privatization of housing resources.

The present Law establishes the basic principles of carrying out privatization of state and municipal housing reserves, establishes legal, social and economic grounds for the transformation of property relations regarding housing resources. The purpose of the Law is to create conditions for the realization of the rights of citizens to free choice of the mode of satisfaction of proper needs in housing facilities and the improvement of utilization and maintenance of housing resources. Privatization of housing resources is concession free-of-charge on voluntary principle of the housing facilities occupied by them in state and municipal housing resources. Use of the plots of land on which privatized dwelling houses and adjacent territories are situated must be carried out in accordance with Land Code. The Law consists of 3 Sections. Section 1 lays down general provisions. Section 2 establishes the basic principles and terms of the privatization of housing resources. Section 3 regards maintenance and repairs of the privatized housing resources.