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The purpose of the present Law shall be to determine the legal status of the registration of immovable property organization and to regulate matters relating to the registration and protection of rights of ownership of immovable property, other than property owned by the State and local property for public use. Any property situated in the territory of Mongolia, being property with certain boundaries measurable by actual and abstract methods, such as land and buildings which would lose their purpose and economic value if separated from land, and plants and perennial herbs, except land which buildings owned by the state and local property for public use, shall be registered at the Registration Office. The document consists of 4 Chapters that contain 24 articles. Chapter 1 (arts. 1-8) lays down general provisions. Chapter 2 (arts. 9-17) regards registration of immovable property. Chapter 3 (arts. 18-20) regards registration of collateral contracts and transfers to others the ownership, possession and use of immovable property. Chapter 4 (arts. 21-24) is miscellaneous.
