Article 29. Assessment of Immovable Property Objects Subject To Demolition, As Well As Rights To Withdrawn Land Plot

Assessment of objects of immovable property subject to demolition, including perennial plantings, as well as rights to a withdrawn land plot, shall be carried out after a decision is adopted to withdraw a land plot in the manner prescribed by Article 21 of this Law, and before an agreement is concluded. In this case, the value of objects of immovable property, as well as the rights to the withdrawn land plot, shall be determined by the appraisal organization as of the moment before the start of the procedures for withdrawing the land plot or until the impact of the notice of withdrawal of the land plot on the value of the object of immovable property, as well as the rights to the withdrawn land plot.

Objects of immovable property that are ownerless property, as well as the rights to the land plot where these objects are located, shall also be subject to assessment.

Intervention of the initiator or other interested persons in the activities of the appraisal organization during the assessment of objects of immovable property subject to demolition, as well as rights to the withdrawn land plot, shall not be allowed.

The basis for the assessment of an immovable property object which is subject to demolition, as well as the rights to a withdrawn land plot, shall be an agreement concluded between the appraisal organization and the initiator, and in cases provided for by legislation, a court ruling.

Assessment of the rights to the withdrawn land plot shall be carried out solely on the basis of documents confirming the state registration of rights to the land plot.

Conduct of a re-assessment within six months from the date of drawing up a report on the assessment of an immovable property subject to demolition, as well as rights to a withdrawn land plot shall not be allowed, except for the cases provided for by part seven of this article.

In the event that the report on the assessment of the immovable property subject to demolition, as well as the rights to the withdrawn land plot, is recognized as unreliable by a court decision, a re-assessment shall be allowed in the manner prescribed by legislation.

The assessment of the immovable property subject to demolition, as well as the rights to the withdrawn land plot, shall be carried out by appraisal organizations at the expense of the initiator's funds intended for the implementation of the project and work on the withdrawn land plot.