Completion Time Frame: 3 days
Completion Costs: BYR 42,000
Points to Note:
The buyer should request from the seller or the Registry an updated extract which allows the buyer to verify the title of the seller, the encumbrances and legal rights attached to the building and the land plot. In addition, parties must obtain from the Registry a certificate confirming connection of the building with the land plot as well as cadastral plans. In 2008 the basic tax unit increased from BYR 31,000 to BYR 42,000.

Step 2: Notarization of seller’s and buyer’s incorporation documents

Completion Time Frame: 1 day
Completion Costs: BYR 35,000
Points to Note:
The seller and buyer notarize the copies of their registration certificates and articles of association.
The documentation shall include:
Corporate documents of the parties, i.e. charters, foundation agreements, powers of attorney

Step 3: Obtain municipality’s approval

Completion Time Frame: 7 days
Completion Costs: no cost
Points to Note:
The parties submit the signed real estate sales agreement to the municipality for a decision on its first refusal rights. There is no charge.

The documentation includes:
Application in the established form
The copy of sale-purchase agreement
Certificate confirming the connection of the building with the land plot
Certificate confirming the title of the seller to the property (Must be in possession of the seller)

Step 4: The buyer applies to the Registry for registration of the sale-purchase agreement and his title to the property

Completion Time Frame: 7-14 days
Completion Costs: BYR 98,000
Points to Note:
The buyer must apply to the Registry for state registration of the transfer of title. He should produce the original sale agreement as well as the other documents required.
The right to own land is very limited in the Republic of Belarus. The overwhelming majority of legal entities in Belarus hold land plots under lease. The rest of them have either permanent use right or (very few) ownership right to land plots. The parties submit the documents obtained in the previous procedures to the Registry.

Buyer’s application is reviewed by the Registry. The Registrar inspects the authenticity of the presented documents, including verification through the database, makes a decision about registration and issues the certificate about title registration to the new owner.

The documentation shall include:
Notarized copies of buyer and seller’s incorporation documents (obtained in Step 2)
Sale-purchase agreement
Seller’s cadastral package of documents (obtained after Step 1)
Application (in the established form)
The contract of lease of land plot between the seller and the City of Minsk (Must be in possession of the seller)
The document establishing seller’s right of ownership to the building (must be in possession of the seller).
Municipality’s approval of the transference (Obtained in Step 3)