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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Elections & Politics

Kyrgyzstan Parliament Committee Approves Self-Prohibition for Property Registration

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Kyrgyzstan's parliament committee approved a bill allowing individuals to self-prohibit property registration.
  • The measure aims to protect citizens, especially the elderly, from real estate fraud.
  • The proposed system would prevent registration of property transactions without the owner's explicit consent.

A parliamentary committee in Kyrgyzstan has approved a bill that would introduce a self-prohibition mechanism for real estate registration. This legislative move is designed to shield citizens, particularly the elderly, from increasingly common property fraud schemes.

On practice, there are cases when fraudsters, through psychological influence, abuse of trust, deception, misleading, and other manipulative methods, persuade citizens, especially the elderly, to sell housing, re-register real estate, impose encumbrances, or commit other actions that lead to the loss of property rights or significant infringement of property interests.

โ€” Dastan BekeshevExplaining the prevalence of real estate fraud targeting vulnerable citizens.

The bill, discussed in the Jogorku Kenesh Committee on Science, Education, Innovation, Culture, Sports, and Youth Affairs, aims to amend the existing law on state registration of rights to immovable property. According to the bill's initiator, Dastan Bekeshev, the proposal stems from requests by elderly constituents who have fallen victim to fraudulent property sales and transfers.

Bekeshev highlighted that fraudsters often exploit psychological manipulation, abuse of trust, deception, and misinformation to coerce individuals, especially seniors, into selling their homes or transferring property rights. He noted that isolated elderly citizens are particularly vulnerable due to age, health, trustfulness, emotional state, or lack of legal awareness.

Complaints from citizens show that existing protection mechanisms are often insufficient to prevent the loss of housing and other real estate in a timely manner.

โ€” Dastan BekeshevJustifying the need for the new self-prohibition law.

The current legal safeguards are often insufficient to prevent the loss of property in a timely manner. Bekeshev explained that recovering rights after a transaction or registration is a lengthy and costly legal process, which may not fully restore the victim's position. Therefore, the bill proposes a "self-prohibition" mechanism. This would allow property owners to voluntarily and free of charge place a restriction on their property, preventing any registration of transfers or encumbrances without their explicit consent. This preventive measure aims to create an additional barrier against swift fraudulent schemes.

In this regard, the bill proposes to introduce a mechanism of self-prohibition on carrying out registration actions with real estate.

โ€” Dastan BekeshevIntroducing the core of the proposed legislative solution.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.