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The President has signed the Law “On Elections of People's Deputies of Ukraine” according to which elections of people's deputies will be held on the basis of semiproportional system: 255 people's deputies shall be elected by election lists of candidates from political parties and another 225 - by the election seniority at a single mandate constituencies. The electoral threshold for election lists is 5% and the blocs do no longer participate in elections.
The
SALRU in letter No. 11784/17/11-11 has specified the documents to be considered
as land title documents of a mortgagee.
These are: agreement on satisfying mortgagee’s demands certified by a notary,
and mortgagor’s certificate of title to land with a mark of a notary certified this
agreement and mark of the local territorial department of land recourses on the
title transfer enclosed. According to Order of the Cabinet of Ministers of
Ukraine dated 09 September 2009 No. 1021 territorial departments of land
recourses fulfill the functions of registration of land titles.
The
President of Ukraine has signed the Law "On Amendments to Certain
Legislative Acts of Ukraine Regarding the Settlement of relations between
Creditors and Consumers of Financial Services" No. 3795-VI (“Law”).
The Law provides the right of the creditor (bank) to make independent decisions
on enforced collection of the mortgaged property by out-of-court settlement of
dispute. Such decision can be a basis of eviction of persons living in mortgaged
property.
The Law also prohibits granting (obtaining) consumer credits in foreign
currency.
According to the Law credit rate under the agreement can be both fixed and
variable. With variable rate a creditor has the right to increase and to reduce
the interest rate, but the maximum interest rate should be indicated in the
agreement.
