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Crimea to launch public portal for real estate transactions

It will make possible to prevent abuse and fraud, as well as illegal takeovers of real estate items, the president of the Russian Guild of Realtors, Anna Lupashko says

SIMFEROPOL, April 04. /ITAR-TASS/. The authorities of Crimea, a former Ukrainian region that recently became part of Russia, plan to launch a public portal where information on real estate assets will be posted, to be used for transactions with them, the president of the Russian Guild of Realtors, Anna Lupashko, said Friday, the CrimeaInform news agency reported.

Lupashko said the issue was discussed at a meeting with Crimea’s Justice Ministry.

“The talk is about creation of a public website where nationals will be able to post information on their real estate assets,” Lupashko said.

She said it will make possible to prevent abuse and fraud, as well as illegal takeovers of real estate items. She said Russia has such a website.

“Russia has such a resource. It works on the Yandex search engine,” Lupashko said.

The Republic of Crimea, where most residents are Russians, held a referendum on March 16 in which an overwhelming majority of voters decided for Crimea to secede from Ukraine and reunify with Russia. The reunification deal with Moscow was signed on March 18.