LAW OF THE REPUBLIC OF MOLDOVA

of November 29, 2012 No. 267

About monitoring of real estate units

The parliament adopts this ordinary law.

Article 1. Purpose and sphere of regulation

(1) This law is designed to create the mechanism of updating of data on real estate units for the purpose of support of system of the taxation.

(2) Operation of this law extends to owners of real estate, bodies of the central and local public authority.

Article 2. Basic concepts

For the purpose of this law the following basic concepts are used:

monitoring - package of measures which provide accounting of changes and updating of inventory data about the real estate units registered in the inventory of real estate and also data collection about the unregistered new real estate units for the purposes of ensuring reliability and completeness of the data necessary for assessment of real estate units for the purpose of the taxation;

inventory data - the data on total area or building area of the real estate unit, on procedure for use, form, coordinates of borders of the real estate unit, the owner, shares in common property and technical characteristics of the real estate unit introduced or which are subject to entering into the inventory of real estate.

Article 3. Updating of inventory data

(1) updating of inventory data is understood as updating of legal and technical information about the real estate units registered in the inventory of real estate.

(2) Updating of inventory data is performed in connection with emergence of changes of inventory data and is made in territorial cadastral authorities according to the statement of owners of real estate units or their authorized representatives, and in cases, stipulated in Item and) parts (1) and Items and) - c), e), f) parts (2) Articles 4, - according to the appeal of authorized bodies of the public power.

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