The authorities will accelerate the construction and registration of private homes

Developers and citizens will soon be given ten years to build and register houses on plots for residential housing. Moreover, the obligations will affect both leased from the state and privately owned land.

The relevant amendments have already been prepared by Rossreestr. It is assumed that they will motivate owners and tenants to build up and register real estate objects in a timely manner. So the authorities want to solve the problem of protecting the property interests of citizens, and at the same time increase the efficiency of land use. Today, the number of unregistered residential properties ranges from 1 thousand to 5 thousand per region. And thanks to innovations, citizens risk losing their real estate and unused land.

Plots for residential housing that are in state or municipal ownership must be built up within ten years from the date of acquisition. And the erected objects must be registered within the same period, otherwise the lessor has the right to terminate the contract.

At the same time, all the buildings on the site will be sold at auction.

If the lessee transfers the rights and obligations to another person, the term remains the same. For citizens who have signed a lease agreement before amendments are made, all obligations under the contract must be fulfilled within five years. Also, it will be possible to get a plot of property only after the construction of the house. It should be borne in mind that baths and cabins are not residential premises.

The new law will include the definition of "land development".

This will include several items: preparation of the project and documents, clearing the land from plantings, demolition of dilapidated objects, fencing of the site, etc. The deadlines are also set when it is necessary to start land development. So for individual construction, gardening and subsidiary farming, three years are allotted from the moment of signing the contract. In other cases, the use of the site must occur no later than one year. If these conditions are not met, then the owners will face fines.

Thus, the new bill gives citizens time and sets clear deadlines for fulfilling the necessary requirements. On the one hand, the initiative will help protect the property interests of individuals, and on the other hand, it will replenish the country's budget by increasing the tax base.