Wednesday, June 1, 2011

Notaries will be realtors?

The State Duma is preparing a new bill according to which the powers of notaries will expand to provide real estate services. In particular, we are talking about housing permit notaries to register and certify the settlement agreement. In addition, as reported by "Rossiyskaya Gazeta", notaries will connect into a single electronic network with the registration authorities, tax authorities, the Migration Service and other agencies. Experts call themselves revolutionary project. Not surprisingly, the law should substantially facilitate the procedure of payment of real estate. Thus, for the settlement of deals will be used a deposit account of a notary. And tightened requirements for people applying for this job, even plans to introduce age restrictions. In addition, the law assumes that notaries public in general will not remain. True, the mandatory notarial form of real estate transactions will not be. People will be able to decide: whether they should apply to the mediator or better to use the services of a notary who can help and sign a contract and give the new homeowners are a whole set of processed documents. As for realtors, they will not disappear in the end, people are accustomed to their services. Besides, who does not like realtor will reduce each buyer and seller. In general, such changes, according to officials, a much ease the procedure for registration of housing: people no longer have to run from one jurisdiction to another, besides, this would reduce the amount of litigation on such transactions. At least, this experience can boast of Europe, where the real estate transaction is certify notaries. Now it's up to Russia: in 12 regions of the country is already running an experiment. There are notaries and state registrars share information on registered in the Unified State Register of rights to immovable property. And in the fall of reform should cover the entire country.

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