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Mass legalization of real estate proposed by NALED: Two million illegal properties in Serbia

Mass legalization of real estate proposed by NALED: Two million illegal properties in Serbia

will stop further illegal construction. "For the second group of properties, it is necessary to involve judicial professionals and create special commissions that will deal with the convalidation and verification of old incomplete documents, so that the registration of all properties will be based on this," Vasiljevic emphasized.

The new NALED study, supported by the Swedish International Development Agency (Sida), also offers solutions to the issues of legalization of illegally built objects, improvement of land consolidation and land confiscation procedures, digitalization of urban planning through the introduction of the eProstor system, mortgage rights, state property management, taxation,'' he said. real estate, solving the problems of land cooperatives and other procedures.

The study also suggests among the proposed measures the creation of a state real estate fund (land bank).

Recommended real estate
Modeled after international practice, the aim is to ensure that land is exchanged whenever possible during land consolidation and confiscation, and to introduce one central body to manage replacement, purchase and sale.

There is also a need for full digitalization of the preparation of use plans and town planning plans through the implementation of the eProstor system so that the whole process is more efficient and citizens and businesses can react and influence construction decisions in their neighborhood in a timely manner. In such a case''institutions would exchange information, provide comments, issue conditions and consents and work on the development of plans at the same time, which would significantly speed up the adoption of documents, as they would work in parallel in one system, instead of waiting for months for each other to do their part.

Together with the digitalization and streamlining of these procedures, the study states that it is necessary to work on improving the taxation system through more efficient collection of tax on rental income and the introduction of a general "international" property tax that would apply to those who have very valuable properties abroad.

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