Events

Thursday, 11 May, 2023

The National Bureau of Enforcement Will Offer Citizens a New Service for Registering Contract of Sales

The legislative initiative of the Ministry of Justice envisions the simplification of the registration of individual agreements and the issuing of an order on unfulfilled obligations arising from them.

The service was introduced to the representatives of the Business Association of Georgia by Deputy Minister of Justice, Erekle Gvinianidze, and the Chairperson of the National Bureau of Enforcement, Mirian Kharabadze.

According to the project, it will be possible to register a sales agreement (including a lease/rental agreement) in the National Bureau of Enforcement. Its binding condition will be the agreement of the parties that in case of breach of the obligation, the National Bureau of Enforcement, without addressing a court, will issue acts on the payment of the unfulfilled monetary obligation and/or the requisition of the immovable property.

The purpose of the new service is to create a flexible, fast and affordable system for monetary claims and restoration of ownership of real estate, which will allow citizens to save time and financial resources.

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