Property Owners in Primorsky Region Face Double Risk of Property Fraud
Protecting Your Property in Primorye: A Primer
In the not-so-distant future of 2025, Primorye locals have been taking a proactive stand against shady real estate dealings by doubling their filings to prohibit property transactions without their personal oversight. Over a five-month span, a staggering 24,000 restrictions have been set up in the Unified State Real Estate Register (EGRN), compared to just under half that amount in the same period the previous year, according to reports from Primorye's Rosreestr to PrimaMedia news agency.
This move is aimed at barring fraudsters from trickster transactions like selling, mortgaging, or encumbering property using phony power of attorney documents. With the ban in place, no real estate actions—such as sales, gifts, or mortgage registrations—can proceed without the property owner's in-person presence.
So, how can you safeguard your own property in Primorye? Here's a straightforward breakdown:
- Go digital: Apply online through the Rosreestr website using an Enhanced Electronic Signature (EES), or the Gosuslugi portal with the same requirements, if you've hit 16.
- Or, get personal: Submit your application via a Multi-Service Center (MFC) by presenting your passport, Social Insurance Number (SIN), and the property’s cadastral number.
- If the property is jointly owned, all owners need to submit the application simultaneously. The ban remains in effect until the owner(s) choose to revoke it.
As evidenced by the increasing number of such applications, property protection isn't simply a trend in Primorye—it's a necessity. With concerns about local authorities taking over properties without owner consent [3], residents are taking legal measures to shield their property from unauthorized transactions or seizures.
For detailed, region-specific procedures, it's highly recommended to consult regional Rosreestr offices or legal experts focused on Russian property law. The overall context emphasizes the growing need for such protections amidst the looming risks of forced property takeovers [3].
- In light of the increasing trend towards property protection in Primorye, considering the risks of unauthorized transactions or seizures, it's advisable for property owners to invest in understanding the intricacies of real-estate finance, particularly in relation to their properties.
- Should you wish to significantly secure your property in the Primorye region, you might find it beneficial to delve into strategies of strategic investing in the real estate market, ensuring a long-term safety net for your assets.
