11:32 - 23.05.2023
May 23, Fineko/abc.az. In the near future, illegal buildings will also be insured, that is, residential buildings without an extract and documents. It is emphasized that for this purpose, the Ministry of Justice and the State Service for Property Issues have prepared a joint draft of the idea. The project provides for the process of registering illegal buildings through the portal and bringing them into compliance with the law.
After implementation of the project, more than 500,000 residential facilities for various purposes and private houses will be insured.
ABC.AZ reports that experts believe that such a case means that illegal buildings will be documented and insured.
After completion of development of the joint project, a single portal will be created through which it will be possible to register all real estate objects. It will also give a very serious impetus to development of the insurance industry. The process is expected to be completed by the end of this year.
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