Article 1083. Extortionate property of the Civil Code of the Republic of Kazakhstan

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1. If there are no heirs either by will or by law, or none of the heirs has the right to inherit (Article 1045 of this Code), or all of them have renounced the inheritance (Article 1074 of this Code), the inheritance is recognized as extortionate property.

2. Extortionate property is transferred to communal ownership at the place of opening of the inheritance.

The organization of work on accounting, storage, evaluation, further use and sale of extortionate property that has entered communal ownership is carried out by the body authorized to manage communal property.

The procedure for accounting, storage, evaluation, further use and sale of extortionate property acquired by the state is determined by the Government of the Republic of Kazakhstan.

3. An inheritance is recognized by a court as extortionate property on the basis of an application from local executive bodies of cities of republican significance, the capital, districts, cities of regional significance at the place of opening of the inheritance after one year from the date of opening of the inheritance. An inheritance may be recognized as extortionate property before the expiration of the specified period if the costs associated with the protection and management of the inheritance have exceeded its value.

4. The protection and management of extortionate property shall be carried out in accordance with Article 1071 of this Code.

5. The rules provided for in Articles 1080 and 1081 of this Code shall also apply to extortionate property.

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