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Ban on land sales to be lifted by new law on January 1, 2012
Journal Staff Report

KIEV, Aug. 8 – A law which revises state land market regulations and lifts a ban on land sales was published in the Holos Ukrayiny newspaper on Saturday.

The document takes effect from January 1, 2012, apart from several clauses.

President Viktor Yanukovych signed the law on August 2. The parliament passed the law on July 7.

The land cadastre will contain data on land plots: their cadastral number, location, borders, area, quality of land, use, limitation in land use, monetary value etc.

The holder and administrator of the land cadastre is the central executive agency in charge of land resources.




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