Article 24. Types and Sources of Compensation Provided

The types of compensation to be provided shall be:

Monetary funds, including for temporary lease of residential and non-residential premises;

granting ownership of another object of immovable property;

other types of compensation provided for in the agreement.

By agreement of the parties, the right holder may be provided with several types of compensation, taking into account the estimated value of object of immovable property.

The term for the provision of a newly built object of immovable property in place of the demolished immovable property shall not exceed twenty-four months from the date of provision of another object of immovable property for temporary use. In case of failure to provide a new object of immovable property within the specified period, the Council of Ministers of the Republic of Karakalpakstan, the khokimiyat of the relevant region and the city of Tashkent or districts (cities) shall pay the right holder a penalty in the amount of 0.05 percent of the estimated value of the demolished or under demolishment object of immovable property for each day of delay.

In order to create favorable conditions for right holders and members of their families living in the same mahalla or on the same street, as well as to preserve cultural values, at the request of the right holders, they can be provided with new houses (apartments in the same apartment building) located in the same mahalla or on the same street.

Compensation shall be provided in the manner prescribed by Article 8 of this Law, from the funds of the relevant centralized fund and other sources not prohibited by legislation.