Law 33/2012 is an Albanian law which establishes the legal framework for the registration of immovable property in the Republic of Albania. It was passed in 2012 and is still in effect today. The law defines the procedure for registering immovable property and sets out the rights and responsibilities of owners, tenants, and other interested parties. It also provides for the establishment of a Central Register of Immovable Property and establishes the Albanian Property Agency as the authority responsible for its management and supervision.
Understanding Law 33/2012
Law 33/2012 defines immovable property as any physical object, such as land and buildings, which is attached to the ground. It also includes the rights and obligations associated with the ownership and use of such property, such as leases and mortgages. The law states that all immovable property must be registered in the Central Register of Immovable Property in order to be legally recognized.
Registering Immovable Property
The law outlines the procedure for registering immovable property. The owner of the property must submit an application to the Albanian Property Agency, which must include the necessary documents and information about the property. After the application is approved, the property is then registered in the Central Register of Immovable Property. The registration is valid for an indefinite period of time, but can be cancelled by the owner or tenant if necessary.
The law also sets out the rights and responsibilities of owners, tenants, and other interested parties. For example, owners have the right to transfer their ownership rights to another party, while tenants have the right to occupy and use the property for the duration of their lease.
In conclusion, Law 33/2012 is an important legal framework which provides for the registration of immovable property in Albania. It outlines the procedure for registering immovable property, as well as the rights and responsibilities of owners, tenants, and other interested parties. It is important for individuals, businesses, and other entities to understand and abide by the provisions of this law in order to ensure the legal protection of their property rights.
