BAKU, Azerbaijan, March 15. The
variety of issued technical passports and mortgage agreements in
Azerbaijan elevated from January by February 2023, Trend experiences through the
State Service on Property Issues below Azerbaijan’s Ministry of
Economy.
During this era, a technical stock of 68,883
actual property objects was carried out and technical passports have been
drawn up, which is 74.1 p.c greater than in the identical interval final
12 months.
The variety of registered mortgage contracts elevated
by 22.8 p.c in comparison with the identical interval final 12 months and amounted
to 12,102.
In January, President of Azerbaijan Ilham Aliyev
signed the regulation on an modification to the regulation “On notary”, amending
notarial guidelines for registration and state registration of actual
property.
According to the modification, agreements on registration
of a property topic to state registration for oneself or its
mortgage are confirmed on the idea of paperwork confirming the
possession of the property being registered or pledged, on autos,
in addition to on their verification by a physique (establishment) decided
by the related government authority or on the idea of information
obtained in actual time from the digital info system.
