Era of Real Estate Bills of Sale Written on Paper Coming to End in Azerbaijan
Baku / 10.04.19 / Turan: Starting from April 18, extracts from the state register on real estate ownership in Azerbaijan will be issued only in electronic form. Thus, the era of these documents (bills of sale) in paper format ends.
Electronic statements will be posted on the e-government portal. The right holder will be able to access the statement in real time through this portal. Later, this statement will be posted in the personal account of the citizen on the portal Electronic Government. In the absence of a personal account, the statement stored in the database will be automatically credited to the account after it is created. Turan was told about this in the State Property Committee. In this case, electronic statements will also be issued within 1, 3, 7, or 10 business days.
The transition to the electronic mode is carried out in accordance with the Law "On Amendments to the Law of the Republic of Azerbaijan "On the State Register of Real Estate".
Upon completion of the registration of rights to real estate, the corresponding information is sent to the right holder by various means of communication (mobile phone, e-mail). Electronic notifications display the register and registration numbers of the statement and a link to check the electronic statement.
The use of electronic statements expands the possibilities of full automation of re-registration, the State Property Committee noted. Citizens, municipalities, and landowners who have an electronic statement, will not be forced to submit any documents during the sale transaction. After the sale and purchase real estate is placed in the personal account of the new owner on the Electronic Government portal. ------08D--
-
- Analytics
- 10 April 2019 14:04
Economics
-
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
-
Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
-
On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
-
In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
Leave a review