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Mario Kijanović, President Of The FIC Infrastructure And Real Estate Committee

Supporting Real Estate Cadastre Reform

The focus of the committee over the period ahead will be on supporting and increasing its engagement in reforming the role of the Real Estate Cadastre, which should be the body that formally registers real estate rights, archives registration documents and submits its decisions to the parties involved

During this year, there’s been a noticeable downturn in the number of building permits issued, which can undoubtedly be attributed to current market trends and inflationary movements. On the one hand, we have significant increases in the prices of construction materials, which hits investors, while on the other hand is a high annual inflation rate, which hits buyers. It is necessary to devise a comprehensive plan to resolve the current situation, and the key to that problem isn’t only found in the hands of the construction industry, but also touches on the state’s monetary policy.

As part of the working group that participated in drafting the recently adopted amendments to the Law on Planning and Construction, we offered part of the solution in order for all participants in the construction market to be stimulated to continue with transactions. Firstly, issues of ownership relations on land and mixed forms of state and private ownership were reformed. Then came the abolishing of the converting of rights of use into rights of ownership over construction land with fees for certain categories – primarily for privatised companies (through privatisation procedures, bankruptcy or enforcement procedure), including their legal successors in terms of status, as well as individuals who acquired the right to use land after 11 September 2009 by purchasing a building with the corresponding land use right from these individuals.

We want the Cable Duct Cadastre to be closer to the Real Estate Cadastre in terms of the way it functions and its accessibility to users, and the adoption of the Law on Infrastructure is one of the main prerequisites for that

The aim is to unlock new locations for construction and reduce the costs of construction for investors, which should ultimately result in expanding the offer of residential and commercial properties on the market, increasing competition, and balancing the costs of buying and renting real estate.

Great efforts have been exerted over the previous period in an attempt to shorten the time required to obtain permits, and not only through improvements to the unified procedure for issuing construction permits, but also in terms of the number of steps preceding this procedure. This relates primarily to the concluding of the planning framework in Serbia, as well as the optimising of procedures and methods of issuing technical conditions for design by the relevant authorities, which has now all been addressed through amendments to the Law on Planning and Construction.

The focus of the committee over the period ahead will be on supporting and increasing its engagement in reforming the role of the Real Estate Cadastre, which should be the body that formally registers real estate rights, archives registration documents and submits its decisions to the parties involved. We will take on an active role in identifying a systemic solution to establish an efficient procedure for decision making with regard to the validating of registration documents that relate to real estate from the unregulated market, on the basis of which the Real Estate Cadastre would only formally conduct registration, without the need to additionally examine their material contents.

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