In Ukraine, you can buy and sell real estate again, but there are nuances

Ukrainians can again process the purchase and sale of apartments. The Cabinet of Ministers promulgated Decree 480 and published it in the official newspaper, so it came into force.

The editors of Segodnya explain what the decree provides and why not all notaries will be able to register real estate transactions.

Minister of Justice Denis Malyuska explained that the State Register of Rights to Real Estate was closed in order to prevent the theft of personal data by the enemy and to prevent fraudulent schemes. Two weeks ago, the government planned to restore the possibility of registration of purchase and sale procedures, but only for conscientious notaries.

The resolution takes into account the restrictions mentioned by the head of the Ministry of Justice. In particular, Ukrainians cannot:

• perform actions by proxy on behalf of individuals;
• transfer property to the authorized capital or receive in connection with the exit from the company;
• alienate real estate earlier than in a month;
• perform notarial acts outside the region, etc.

Restriction from the Ministry of Justice

Only notaries specified in a special list of the Ministry of Justice can perform notarial actions with real estate. These are citizens registered on the territory of Ukraine and who have not previously tarnished their reputation with dishonest actions.

At the same time, real estate cannot be transferred as a contribution to the authorized capital of a legal entity or received in connection with withdrawal from the membership.

It will be possible to issue a real estate alienation, a mortgage, a trust only within the area where it is located. The only exceptions are actions with real estate in Kyiv and the Kyiv region, except for the case of state registration as a result of inheritance.

New powers of attorney for the disposal of real estate must still be drawn up on a notarial form. And in order to prevent fraud with housing, it can only be alienated a month after the acquisition or later. These and other restrictions are in force in Ukraine under martial law.

Compensation for destroyed housing

If Ukrainians lost their homes during the war, the state gives them the opportunity to receive either new housing or monetary compensation. When choosing a new apartment on your own, there are many nuances.

According to bill No. 7198, private houses will be rebuilt on the same plots. They can get an apartment in a house on the same plot, if it is rebuilt, or choose a settlement that is similar to the previous one according to the criteria, and decide on a plot there.

When evaluating a new city or village, the price of square meters and the population in the locality where a person lived before the war will be taken into account. When moving to a larger city, a mechanism for additional payments for new apartments is provided.

Earlier, the co-founders of the LUN platform emphasized that the state should offer people only monetary compensation, and Ukrainians themselves should choose where to buy housing. Alternatively, you can agree to a more economical offer for migrants and encourage the owners of investment apartments to sell them. In this case, the state will only reimburse the difference for repairs, and not the construction of new housing. Learn also how to get a mortgage in Poland.