of July 21, 2000 No. 435
About condition of market grouping of the real estate in the Kyrgyz Republic
The government of the Kyrgyz Republic notes that as a result of the reforms undertaken in the republic the corresponding premises for forming and development of the civilized real estate market are created. As of June 1, 2000 as a result of process of privatization (privatization) changed pattern of ownership of 6726 state companies and real estate objects, more than 95 percent of housing passed into private property, 75 percent of all farmlands, except pastures, are divided into land shares to citizens. In the real estate market the private firms and certain entrepreneurs rendering intermediary services to the population in case of purchase and sale, exchange of houses and apartments function, the demand and supply is studied, advertizing work is conducted, information databank about housing offered for sale is created.
At the same time, the market analysis of the real estate which is carried out by the State agency on registration of the rights to real estate under the Government of the Kyrgyz Republic shows that the real estate market in the republic needs enhancement and regulation from state and regional authorities. Along with existence of the market of dwelling stock, in the republic there is also other, hidden real estate market - the market of non-residential fund (objects of trade, consumer services, conversion of agricultural products, the plants, factories, etc.). The made transactions with the parcels of land are analyzed and controlled insufficiently.
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The document ceased to be valid since March 6, 2018 according to Item 1 of the Order of the Government of the Kyrgyz Republic of January 22, 2018 No. 49