Real estate sales: Ukrainians have access to an important database

The Ukrainians have returned an important tool regarding real estate valuation. The State Property Fund of Ukraine has resumed the operation of the Unified Valuation Reports Database.

This was reported in the press service of the State Property Fund.

What’s available now

“Thanks to the resumption of access to the Unified Valuation Report Database, citizens will be able to determine the value of real estate for paying taxes on real estate purchase / sale transactions, which will be resumed after the opening of the State Register of real rights to real estate,” the message says.

Previously, access to this database was closed due to the shutdown of the State Register of Rights to Real Estate. Access to these bases has been closed since the beginning of martial law in order to protect citizens’ data. Therefore, while neither buying property nor selling it is impossible.

When will the ban on the sale of housing disappear in Ukraine?

We used to say that they promise to restore the ability to buy and sell housing soon. However, this will only in areas where there is no hostilities.

Currently, only registration of new buildings is available. This is important in view of the war, because if the property is damaged, then the investor will be compensated for the losses on the basis of documents.

In addition, access to the register will be provided to notaries in the near future. But not everyone will receive it – only those who have not tarnished their reputation with illegal actions. The criteria for access of notaries to the register will be determined by the Cabinet of Ministers.

How to rent an apartment during the war

Segodnya wrote that, first of all, in order to reduce potential risks, the participants in the transaction should clearly state what situations they will consider force majeure, due to which the further use of housing as rented will be virtually impossible.

In force majeure conditions, the tenant can apply to the landlord with a request reduce rent or cancel it altogether period of these circumstances. Such a reason may be an official government statement calling for evacuation from your locality or region.

How a landlord can additionally protect himself if he doubts the solvency of tenants and how to check documents, read our material.

“Today” also wrote where the lowest prices for rental housing, and told what to expect from this market in May.