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THE LAW ON KOSOVO PROPERTY COMPARISON AND VERIFICATION AGENCY ENTERS INTO FORCE Prishtina, 25 November 2016 After the enactment by the Kosovo Assembly and publication in the Official Gazette of the Republic of Kosovo, dated 11.03.2016, the Law No.05/L-010 on the Kosovo Property Comparison and Verification Agency entered into force. The establishment of the Kosovo Property Comparison and Verification Agency (KPCVA) is the outcome of the Agreement for the Return, Comparison and Verification of Cadastral Records, reached in Brussels in 2011, between Kosovo and Serbia. This Law deals with the resolution of claims relating to private immovable property, including private agricultural and commercial property as well as comparing and resolving discrepancies between original cadastral documents taken from Kosovo by Serbian authorities before June 1999 and current cadastral documents in the Republic of Kosovo, in relation to private property, private commercial property and private property of religious communities. Transitional provisions of the Law stipulate that a part of the mandate and responsibilities of the Kosovo Property Agency (KPA) and the Housing and Property Directorate (HPD) transferred to this Agency shall be transferred to the Kosovo Property Comparison and Verification Agency (KPCVA), mainly those parts dealing with the implementation of the Housing and Property Claims Commission Decisions as well as properties that are currently under the administration of KPA.
In addition, with the entry into force of this Law, physical assets, contractual and budgetary liabilities of the Kosovo Property Agency and the assets that have been previously transferred to the Kosovo Property Agency from the Housing and Property Directorate shall be transferred to the new Agency. Under this law, the transitional period of KPA into KPCVA will last 90 days, within which other bylaws specifying precisely and clearly every segment of the mandate and functioning of the Agency shall be adopted.
The current Agency, with its professional and administrative capacities is ready to successfully implement this process of transformation.
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