17 Mar 2016 - 18:38
Georgia is removing the barriers facing private owners who want to officially register their land.
Today the Government of Georgia approved a draft law that outlined new rules for land registration for private owners.
The draft law was arranged by the Minister of Justice of Georgia following consultations with industry insiders.
The Ministry of Justice explained the Government wanted all privately owned land to be registered.
As of today only 25 percent of all land is registered in Georgia, which is quiet small. Amendments to the legislation will simplify the land registration process and encourage private owners to register their lands without any barriers,” read the press release published by the Ministry of Justice.
While working on the legislation we discovered the problems that hampered land registration and we did our best to overcome them,” said the Ministry.
Amendments to the legislation included: