A consultation was held in the Government under the leadership of Prime Minister Nikol Pashinyan, during which the steps towards the transformation of the Real Estate Registration Institute were discussed.
The head of the cadastre committee, Suren Tovmasyan, noted that large-scale works were carried out by the committee in the direction of the transformation of the institute of real estate registration, registration of rights and restrictions. Accordingly, reports were made on the existing legislative regulations for the protection and guarantee of rights, the risks of the existing procedures for the transfer of ownership rights based on the alienation of registered property.
Reference was made to the current procedure for registration of unregistered property. The experience of different states regarding the regulation of the sector was also presented. Suren Tovmasyan emphasized that the goal of the reforms is to simplify the administration and strengthen the protection of property rights. In this context, recommendations were presented for the implementation of the above goals.
Prime Minister Pashinyan emphasized the programs aimed at the transformation of the sector, emphasized that the most effective approach to institutional reforms is to start them with small steps. In this context, the Head of the Government gave appropriate instructions to those responsible.
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