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BOND STONE Law Firm

BOND STONE Law Firm

15 minutes Free Consultation
Nur-Sultan, Kazakhstan

Founded in 2007
25 people in their team
English
Kazakh
Founded in 2007 BOND STONE International Law Firm in Kazakhstan has now offices in Astana, Almaty, Kyiv, Tashkent and Bishkek with a regional presence in industrial hubs of the country: Aktobe, Aksai, Atyrau, and Aktau.Since 2019 the firm’s activity is spreading beyond the Kazakshan jurisdiction...
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About Real Estate Law in Nur-Sultan, Kazakhstan

Real estate law in Nur-Sultan (also known as Astana), Kazakhstan, governs the ownership, transfer, use, and leasing of property within the city. As the nation’s capital and a rapidly growing metropolis, Nur-Sultan’s real estate market features a mixture of residential, commercial, and industrial properties. The legal framework is based on national Kazakhstani legislation, with local nuances, and is designed to protect the interests of property owners, tenants, investors, and developers. Understanding the specific laws and regulations is critical due to differences that may exist compared to other regions or countries.

Why You May Need a Lawyer

In Nur-Sultan, engaging a qualified real estate lawyer is often essential due to the complexity and value of property transactions. Common scenarios where legal advice can be invaluable include:

  • Buying or selling a home, apartment, or land
  • Reviewing or drafting property sale and lease agreements
  • Verifying property titles and ownership rights
  • Assisting foreign investors and expatriates in complying with local laws
  • Handling property inheritance issues
  • Settling real estate disputes, including landlord-tenant issues
  • Facilitating property registration and notarization
  • Guiding through real estate development and construction projects

Professional legal assistance helps protect your interests, avoid costly mistakes, and ensure compliance with local regulations.

Local Laws Overview

The real estate market in Nur-Sultan is regulated by a combination of laws, including the Civil Code of the Republic of Kazakhstan, the Land Code, and other relevant legislative acts. Key aspects include:

  • Ownership Types: Property can be owned by individuals, legal entities, and the state. There are restrictions on land ownership for foreign nationals.
  • Registration: All real estate transactions must be properly registered with the government to be legally binding. Registration is handled by the Committee for Real Estate Registration and the Public Service Centers.
  • Due Diligence: Prior to purchase or sale, a thorough check of the property’s legal status, encumbrances, and title is required.
  • Transaction Formalities: Transactions generally require notarization and state registration to take effect. Certain properties may also require additional approval from local authorities.
  • Land Use: Land can be leased or owned, with strict rules on its designated use (residential, commercial, agricultural, etc.).
  • Disputes Resolution: Real estate disputes may be resolved through the courts or via arbitration, depending on the contract terms.
  • Rights of Foreigners: Foreign individuals and companies have limited rights to own land, typically restricted to leasehold interests or building ownership.

It is important to understand these provisions to ensure a smooth transaction and avoid unexpected legal issues.

Frequently Asked Questions

Can foreigners buy real estate in Nur-Sultan?

Foreigners can generally purchase buildings and apartments but are often restricted from owning land. Instead, they may obtain long-term leases for land plots. Always consult a lawyer for the latest regulations and exceptions.

What documents are needed to buy property?

Commonly required documents include passports or identification, proof of funds, the property’s title certificate, and documentation showing absence of debt or encumbrances. The list may vary depending on the type of property and transaction.

Is notarization of real estate transactions mandatory?

Yes, most real estate sale and purchase agreements must be notarized to be legally binding before they are registered with the state authorities.

What taxes apply to real estate transactions?

Property buyers and sellers may be liable for various taxes, such as property tax, profit tax on sales, and registration fees. Tax rates can differ depending on residency, property type, and purpose of use.

How are real estate disputes resolved?

Most disputes are resolved through the courts. However, alternative dispute resolution mechanisms like mediation and arbitration are also available in some cases.

Can I check if a property has debts or encumbrances?

Yes. During due diligence, prospective buyers should request official extracts from the Registry of Rights to Real Estate, showing the legal status and any encumbrances on the property.

What protections exist against fraud?

Laws require notarization and registration of transactions, which reduces fraud risk. Engaging experienced legal counsel further safeguards your interests.

How long does property registration take?

Registration typically takes from a few days to several weeks, depending on the complexity of the transaction and the workload at government service centers.

Can I inherit real estate in Nur-Sultan?

Yes. Kazakhstani law allows inheritance of real estate. Heirs must present the appropriate documentation and register the property transfer with the authorities.

What should I check before signing a contract?

Ensure the property’s legal status is clear, there are no outstanding debts or disputes, and the contract reflects all agreed terms. Always review documents with a qualified real estate lawyer before signing.

Additional Resources

Several organizations and governmental bodies in Nur-Sultan can assist individuals with real estate matters:

  • Ministry of Justice of the Republic of Kazakhstan – oversees legal issues and property rights registration
  • Committee for Real Estate Registration – processes real estate transactions and maintains the property registry
  • Public Service Centers (TsON) – primary contact points for registration and documentation services
  • Local Notary Offices – essential for notarization of transactions and advice
  • Legal Clinics and Bar Associations – offer consultations and legal support
  • Real Estate Agencies – can assist with market insights and transaction guidance, but always verify their credentials

These resources can provide guidance, help verify information, and connect you with professionals.

Next Steps

If you require legal assistance with real estate in Nur-Sultan, consider the following steps:

  1. Assess your needs: Determine if your issue involves buying, selling, leasing, inheritance, or dispute resolution.
  2. Gather documentation: Collect all relevant documents such as identification, property titles, and contracts.
  3. Consult a qualified lawyer: Contact a local real estate lawyer with experience in Nur-Sultan’s legal system. Bar associations and legal clinics can provide referrals.
  4. Seek professional due diligence: Before proceeding with transactions, ensure a lawyer checks the legal status of the property and contract terms.
  5. Follow required formalities: Complete all notarization and registration steps as advised by your lawyer.
  6. Keep records: Safely store all contracts, correspondence, and registration certificates for future reference.

A lawyer’s role is to provide tailored advice, help you understand your rights, and ensure that all legal procedures are properly followed. Taking these steps can significantly reduce risk and help secure your real estate interests in Nur-Sultan, Kazakhstan.

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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.