The procedure for privatizing publicly owned nonresidential buildings that are leased out to tenants will be simplified, IPN reports, quoting an amendment proposed to a previous Government decision.
Currently, to submit applications for purchasing rooms in nonresidential buildings, the persons are obliged to hold tenancy for at least six month. By the proposed amendment, the period will be reduced to a month.
The amendment was drafted by the Ministry of Economy in response to numerous applications from persons who rent nonresidential property. These complain that it is very hard to invest in the repair of such rooms, most of which are in a deplorable state, and to simultaneously pay rent.
The facilitation of privatization in this case will help increase the state budget incomes, it is said in the informative note to the draft decision.
The nonresidential rooms in buildings that house public authorities, organizations and enterprises, in building that are considered part of the national cultural heritage and in those that are to be demolished cannot be privatized.
