LAW OF THE AZERBAIJAN REPUBLIC

of January 26, 1993 No. 463

About privatization of housing stock in the Azerbaijan Republic

Article 1.

Citizens of the Azerbaijan Republic, and also the stateless persons which signed the contract on hiring of premises with the owner of the state or public housing stock have the right to gratuitously transfer the premises (houses) occupied by them to personal property under the terms and according to the procedure, the established this Law.

Article 2.

This Law determines conditions and procedure for privatization of the state housing stock, and also basic provisions on privatization of public housing stock in the Azerbaijan Republic.

Article 3.

The basic principles of privatization of housing stock are:

complete voluntariness of privatization of premises, free of charge privatization of premises (houses);

providing the right of citizens to require transfer of the premises occupied by them to property under the terms and to rules, the established this Law;

publicity of privatization, state and public control over privatization.

Article 4.

Privatization of premises (houses) of the housing stock which is in state-owned property, and also in public property is performed based on addresses of citizens according to the procedure, the stipulated in Article 9 these Laws, by relevant organ of the executive authority.

Article 5.

Premises (houses) can be transferred with the consent of the full age members of his family specified in the agreement on hiring of premises by the time of the address for privatization and actually living together with the employer to property of one of them or to general (equity, joint) property of several or all family members.

In case of privatization uninsulated, with limited conditions of premises (houses) of the place public in these premises (houses) are provided in common property of owners.

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