Article 12. Fiduciary (trust) management of immovable property

On realtor activity (LRU-269-son) · Date: 22.12.2010 · In force

Activity on fiduciary (trust) management of immovable property is the management by a realtor organization, in its own name and for remuneration, for a specified period, in the interests of the founder of the trust management or a person indicated by the founder (the beneficiary), of immovable property transferred to the realtor organization on the basis of a trust management agreement concluded in the manner prescribed by law. The procedure for carrying out activity on trust management of immovable property shall be established by legislative acts.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6809428

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Cite as: Article 12. Fiduciary (trust) management of immovable property On realtor activity (LRU-269-son). neolex.uz/en/laws/law-1714039/12 (lex.uz/docs/6809428)