Ownership registration in electronic real estate registration process

02/03/2022

Recently, our partner office received the first registration of ownership based solely on electronic documents. As is widely known, it is anticipated that from 1 February 2023, the main rule will be online administration in property registration procedures.

Until the 1st of January 2021, the Real Estate Registration Authorities did not have a formal opportunity to receive and process applications submitted electronically; after an amendment to a piece of legislation, they can no longer only act on paper. In this case, only one original, electronically signed document needs to be submitted in the proceedings, there is no requirement to submit two originals and one authenticated copy, as in the case of paper-based proceedings. The electronic real estate registration procedure explicitly facilitates the execution of the contract in cases where, for example, the client or the other party is abroad.

The procedure still requires that the attorney and all contracting parties shall be able to sign the contract or legal declaration related to the property electronically. In the future, attorneys and legal advisers can freely initiate the proceedings by submitting electronically signed and countersigned documents.