The Regulution determines terms for calculating a surface area of plot of land attributed as part of essential part of another plot of land. It consists of seven articles: Purpose and scope of application of the Regulation (1); Definition of terms (2); Rules for calculating surface area of plot of land attributed to a building/structure (3); Composition of boundaries of a plot of land (4); Amount of price for attribution of plot of land to a building/structure (4-1); Rules for developing the project of boundaries and defining the boundaries of land attributed to a building/structure (5); and Publicity of information (6). The Regulation is used when the state cannot recognize ownership rights of a person or an entity because only essential part of a plot of land could be sold by the state under the Law of Georgia on Recognition of Property Rights of the Parcels of Land Possessed (Used) by Natural Persons and Legal Entities under Private Law.
Implements: Law No. 5274-vs “On acknowledgement of the right of ownership to land plots pertaining to the ownership (tenancy) of natural and legal persons of private law. (2013-09-20)
Authors and Publishers
Georgia is a country in the Caucasus region of Eurasia, located at the crossroads of Western Asia and Eastern Europe. After a brief period of independence following the Russian Revolution of 1917, Georgia was occupied by Soviet Russia in 1921, becoming the Georgian Soviet Socialist Republic and part of the Soviet Union. After independence in 1991, post-communist Georgia suffered from civil unrest and economic crisis for most of the 1990s. This lasted until the Rose Revolution of 2003, after which the new government introduced democratic and economic reforms.