ADDITION AND AMENDMENT ENVISAGED IN RA LAW ON MANAGEMENT OF<br /> APARTMENT BUILDINGS<br />


ADDITION AND AMENDMENT ENVISAGED IN RA LAW ON MANAGEMENT OF
APARTMENT BUILDINGS

  • 01-12-2006 16:00:00   | Armenia  |  Economy
YEREVAN, DECEMBER 1, NOYAN TAPAN. At the November 30 sitting, the Armenian government approved the draft law on making an addition and amendment to the RA Law on Management of Apartment Buildings, which will be submitted to the RA National Assembly. According to the RA Government Information and PR Department, the draft's necessity was conditioned by the need to regulate the issues related to transfer of land plots necessary for the servicing and maintenance of apartment buildings to the owners of apartment buildings and constrcutions built on land plots representing state and community property. According to the decision on the order on gratis transfer of the land plot necessary for the servicing and maintenance of the apartment building constructed on state and communty lands to the owners of this building's apartments and/or non-residential areas by the right of common shared property, a land plot transferred gratis by the right of common shared property shall be considered: a) for an apartment building without constrcutions - the land area immediately under the building along its perimeter, as well as the soil layer (up to 1.5 meters) in case it is not part of a road, street or property of another person; b) for an apartment building with legal or unauthorized constructions - the above mentioned land area and the land under the legal constrcution along its perimeter in case it is not property of another person. It was decided that the state registration of the common shared property right of the owners of apartment buildings with unauthorized constructions is done with respect to the land area indicated in point "a" of this decision, while land areas with annexes are managed by the order envisaged by point "b". It was noted that the draft law regulates issues related to demarcation of the boundaries of land plots transferred gratis by the common shared ownership right and the state registration of these rights.
  -   Economy