Article 29. Temporary termination of the State Registration of the Law On State Registration of Rights to Immovable Property

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1. An applicant may apply to the registration authority with an application for temporary termination of registration of rights (encumbrance of rights) to immovable property belonging to him in the following cases::

1) in order to provide its counterparty with a guarantee that until the registration of the relevant rights of the latter to the real estate object, the rights of other persons or new encumbrances arising from the will of either party will not be registered.;

2) in case of loss by the rightholder of the title document or in other cases when unreasonable risks of loss of rights to real estate arise for him against his will, except in cases of compulsory termination of the rights of such property on the grounds provided for by legislative acts of the Republic of Kazakhstan.

2. Registration of rights (encumbrances) on the grounds provided for in subparagraph 1) paragraph 1 of this article is temporarily terminated for a period of no more than 15 working days from the date of filing the application.

During the specified period, the application for registration of the person in whose interests the registration is temporarily terminated shall have priority over other applications submitted within the specified period, except in the cases provided for in paragraph 4 of this article.

3. During the period of temporary termination of registration in the cases provided for in subparagraph 1) 1 of this article, registration of rights (encumbrances of rights) to immovable property on the basis of applications submitted for registration prior to the temporary termination of registration, as well as those established on the basis of court decisions, acts of state bodies or in other cases independent of the will of the rightholder, as well as registration of notices provided for by this Law and legal claims it is carried out in a general manner.

4. In the cases provided for in subparagraph 2) According to paragraph 1 of this article, registration of rights (encumbrances of rights) to immovable property that arise at the will of the rightholder shall be temporarily terminated until the moment the rightholder withdraws the application for temporary termination of registration. In all other cases, registration is carried out in a general manner.

The Law of the Republic of Kazakhstan dated July 26, 2007 No. 310.

This Law defines the goals, objectives and legal framework in the field of state registration of rights to immovable property.

President

Republic of Kazakhstan

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