Keyword: «mandatory notarization»

The present work analyses the draft law from 06.09.2017, № 261549-7 «About amendments to article 54 of the Federal law «About state registration of real estate», providing for the introduction of mandatory notarization for transactions with real estate owned by citizens living alone and by persons, who are under patronage and guardianship. It is emphasized that the innovation proposed by the authors of the bill certainly deserves attention, as it is another measure that promotes stabilization of real estate civil turnover by toughening of the transactions rules. However, this draft law has certain drawbacks that cast doubt on the prospect of its approval.