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Azerbaijan establishing new rule regarding membership in housing cooperatives

Economy Materials 8 December 2022 19:20 (UTC +04:00)
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, December 8. Azerbaijan proposes to make amendments to the Housing Code regarding the membership in housing cooperatives, Trend reports.

According to the amendments, transactions on the alienation of stakes in a housing cooperative must be notarized.

The changes were discussed at a joint meeting of the Azerbaijani Parliament's Defense, Security and Counter-Corruption Committee and the Committee for Economic Policy, Industries and Enterprising on December 7, and recommended for discussion at the plenary session.

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