Article 32. The procedure for registration of ownership of privatized state property
On the privatization of state property (907-son) · Date: 14.02.2024 · In force
After fulfilment of all obligations under the sale and purchase agreement for privatized state property, including payment of the full amount of penalties (if any), within five working days from the date of receipt of the full payment, the buyer will be issued a state title deed via public service centers and/or a single portal of interactive public services with a QR code.
The documents confirming the ownership of the privatized state property shall be
a state warrant issued by the authorized state body or its territorial departments in the form prescribed in accordance with the Annex to this Law during the privatization of state real estate objects, state institutions, and state shares;
a certificate of deposit issued by the Central Securities Depository Joint Stock Company in case of sale of state shares.
The right of ownership of privatized state property shall be transferred to the buyer upon receipt of a state certificate of ownership in accordance with the Annex to this Law or an extract from the deposit account. Simultaneously with the object, the buyer acquires the title to the non-agricultural land plot occupied by the object and necessary for its use, except for persons who are not subject to privatization of state property in accordance with the Law of the Republic of Uzbekistan "On Privatization of Non-Agricultural Land Plots".
The documents confirming the ownership of the privatized state property shall contain a mark indicating the restriction on the right to dispose of the state property until the obligations provided for in the sale and purchase agreement on the privatized state property have been fulfilled in full.
Documents confirming the ownership of privatized state property shall be issued by the authorized state body or its territorial authorities.
