Ministerial Decree No. 49 validating the Regulation on state registration of rights and encumbrances to immovable property and transactions therewith.
This Ministerial Decree establishes the rules for state registration of rights and encumbrances to immovable property and transactions therewith. The following rights and encumbrances shall be subject to mandatory state registration: (a) ownership; (b) tenancy; (c) mortgage and encumbrances originating therefrom; (d) lease and sub-lease for the period of three years and over; (e) servitude; (f) use restrictions; (g) court decisions; (h) nature management activities listed by the Government; and (i) open-ended land tenure.