of March 5, 2025 No. UP-43
About implementation of system of mass real estate appraisal
For the purpose of implementation and broad application of modern methods and mechanisms of cost determination, brought closer to market price of real estate units, and also creating favorable conditions for enhancement of economic assets of the population and entrepreneurs:
I. Purposes.
1. Determine main objectives of adoption of this Decree:
(a) establishment as economic asset of cost over 8 million residential and non-residential premises, about 7 million parcels of land which are available in the republic;
(b) ensuring mutually balanced project cost of real estate determined for the purpose of the taxation, purchase and sale, transfer to pledge, withdrawals for social needs and other cases;
(c) creation of the reliable, complete and updated on periodic basis database of the real estate market;
(d) the most widespread introduction of concept of justice in case of the taxation.
2. Determine that for the purpose of cost determination, brought closer to market price, step by step on periodic basis since 2025 mass assessment of all real estate units is carried out.
3. Carry out work on mass assessment at the following stages:
(a) 2025-2026 - according to the procedure of experiment in the city of Tashkent;
(b) 2026-2027 - in the city of Nukus and the regional centers;
(c) 2027 and next years - in other territories.
II. Organizational and financial provision.
4. Form the National center for mass real estate appraisal under the Agency according to the inventory (further - the National center) in the form of public institution financed by means of the Government budget with extreme number of managerial personnel - 30 units.
5. Determine:
(a) The Ministry of Economics and finance - the body performing single state policy in the field of mass real estate appraisal;
(b) The agency according to the inventory - special representatives body in the field of mass real estate appraisal;
(c) The national center - executive body in the field of mass real estate appraisal.
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Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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