Real estate lease agreements will be formalized under new rules: what will change for notaries
The procedure for notaries to submit information about real estate lease agreements will be simplified — the relevant draft resolution was approved by the government.
Thus, the Cabinet of Ministers approved the draft resolution developed by the Ministry of Finance regarding amendments to the government resolution dated December 29, 2010, No. 1242.
The document provides for the updating and simplification of the mechanism for notaries to submit information to controlling authorities about the certification of real estate lease agreements. The need for adopting these changes is due to the requirements of the Tax Code of Ukraine and the Law of Ukraine "On Electronic Identification and Electronic Trust Services."
The changes include:
- mandatory submission of notifications in electronic form on the day the agreement is certified;
- use of a qualified electronic signature or an enhanced electronic signature based on the notary's qualified electronic signature certificate;
- addition to the notification template of a mandatory requisite — the registration number of the notary's taxpayer identification card, which will ensure proper identification;
- significant restructuring of the notification form: the new form contains separate sections with information about the notary, lessor, lessee, and the leased real estate object.
Currently, the existing notification form did not provide for the registration number of the notary's taxpayer identification card, which complicated identification and made automated processing of notifications in the information and communication system of the State Tax Service of Ukraine impossible.
The adopted changes will allow:
- simplifying the interaction process between notaries and controlling authorities;
- ensuring proper identification of notaries when submitting notifications;
- automating the processing of information in the information and communication system of the State Tax Service;
- increasing the efficiency of personal income tax administration on income from leasing real estate.
Subscribe to our Telegram channel t.me/sudua and to Google News SUD.UA, as well as to our VIBER and WhatsApp, our page on Facebook and on Instagram to stay informed about the most important events.
