Real Estate Transactions: increase in state duties
Legal Update No. 113
Goltsblat BLP law firm advises that, under Federal Law No. 374-FZ dated 27 December 2009, the state duty for performance of legally significant actions has been increased substantially. Thus the duty for companies is established at:
15 000 roubles for state registration of rights to and restrictions (encumbrances) on rights to real estate and certain contracts involving alienation of real estate;
600 roubles for amending records in the Realty Register;
4 000 roubles for state registration of mortgage contracts.
The Law came into effect on 29 January 2010.
For additional information, please contact:
Partner, Real Estate and Construction,
Partner, Real Estate Investment and Finance,
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