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Модернизация системы государственной регистрации прав на недвижимое имущество и сделок с ним: практические вопросы
The author analyzes the civil legislation that regulates the state registration of real estate titles, concentrating on the practical questions arising in the process of its implementation, and gives an assessment to the current problems. Using the comparative analysis, the author examines the issue regarding the rights of both parties in a contract, which in itself does not qualify for registration, but stipulates changes to the property rights, for which there is a government registration. The author does not agree with the opinion of the legislation that the terms lien and encumbrance are not synonymous, and proposes that an amendment would be made to include authentic interpretation clarifying the registration of encumbrances includes registrations of all real estate contracts that do not involve transfer of ownership. Such official explanation would eliminate the legal limbo that carries unsubstantiated limitations to the rights of both sides of the contract.